Republicans attempt to repeal GHG legislation
The House of Representatives is set to cnsider legislation that would loosen GHG restrictions for fossil fuel power plants. The House says EPA rules effectively ban any new fossil fuel power plants.
Global investment in clean energy falls 12%, despite 20% increase for solar
Findings from Bloomberg New Energy Finance reveal a 41% slump in investment across Europe, while Japan’s solar-fuelled clean energy landscape saw a 55% surge in investment.
Contractor sought to build 40 MW UK solar park
Planning permission has been secured for a 37-40 MW solar park in Hampshire, England. Developers Welborne Solar wants the $65m scheme built this summer.
SolarCity shares rise on Deutsche Bank recommendation
Deutsche Bank sets a $90/share target price for SolarCity. Analysts predict grid parity in the U.S. in 2016 to drive the company’s customer numbers and stock price.
LDK negotiates 15-day forbearance on notes payment
Embattled Chinese manufacturer LDK has until Thursday to negotiate a deal with holders of its U.S. dollar denominated notes. An interest payment on the notes has been due since August 28.
Financial innovations spur renewable energy investment in global markets
Investment firms, financiers and energy companies around the globe are introducing innovative new funding vehicles aimed at renewable energy investment.
Enel secures $300 million for investment in Latin America
In Chile, Enel Green Power has begun construction on its first solar park in the country, the 36 MW Diego de Almagro facility.
Mascotte raises $100 million from shares issue
The Taiwanese polysilicon maker is attempting to address an $82 million deficit, incurred after the acuqisition of Sun Materials, whose Yi-Lan polysilicon factory turned out to be a white elephant.
Goldpoly targets 1 GW portfolio expansion
Chinese developer Goldpoly wants to expand its solar project portfolio by 1 GW in 2014. On Thursday, the company committed to acquire 500 MW of projects worldwide from China Triumph International Engineering.
JinkoSolar considers spinning off downstream business
The Chinese solar giant is considering floating its burgeoning plant development business after the Communist Party’s restated commitment to solar.
