Legal

BREAKING: Suniva petition could start new global solar trade war

Today Suniva filed for relief under a little-known act that could exempt the United States from global trade agreements and allow President Trump to take trade action against solar imports from multiple nations. Suniva is asking for a minimum import price of US$0.78 per watt for modules and $0.40 for cells.

United Photovoltaics Group agrees to acquire 200 MW plant in China’s Ningxia

A Chinese group’s unit has formally agreed the acquisition of 200 MW solar power plant in China from Beijing Zhongteng IOT Technology.

BREAKING: Sungevity bankruptcy ends with court-approved $50 million sale

A Delaware bankruptcy judge yesterday approved the sale of the bankrupt residential solar installer to private equity firm Northern Pacific Group.

Suniva files for chapter 11 bankruptcy

Two weeks after laying off 131 employees without notice and closing its module plant in Michigan, one of the largest U.S. manufacturers has filed for chapter 11 bankruptcy.

Greenpeace: China to see $782bn investment in solar, wind, by 2030

China is set to attract as much as 5.4 trillion yuan ($782 billion) in wind and solar sector investment between 2016 and 2030, off-grid solar stands out as the most economical way to address energy poverty, and curbing carbon footprint brings further environmental and economic benefits, finds a report by Greenpeace.

Spending less, getting more: renewables more cost-effective than ever in 2016, finds UN report

The latest Global Trends in Renewable Energy Investment 2017 report by the UN Environment, Bloomberg New Energy Finance and the Frankfurt School-UNEP Collaborating Centre finds that while investment in clean energy fell last year, annual installations rose, revealing the cost-competitiveness of the sector.

First Solar seeking sale of its share in yieldco 8point3 Energy

The Arizona-headquartered solar power company wants to strategically align its resources to support its new Series 6 module, and thus seeks sale of its stake in the joint SunPower yieldco. SunPower reaffirms belief that the yieldco can deliver long-term assets and growth.

The pv magazine weekly news digest

Trump declares war on clean energy, Tesla hurtles the other way down the fast lane towards a solar future, SolarWorld lays out its cost-cutting plans, and Algeria’s bold PV goals raise concerns.

Solar Show Africa 2017 exhibits diversification of South Africa PV market

As market participants in South Africa wait for the final results of the country’s fourth round of the successful REIPPP tender program for large-scale solar PV to be announced in early April, this week’s Solar Show Africa, part of the 20th Power & Electricity World Africa 2017 in Johannesburg, showed a growing diversification of solar PV in this leading African market.

Trina Solar to go public in China following NYSE delisting, chairman says – reports

In interview with South China Morning Post, Trina Solar chairman Jifan Gao says that the solar company will “certainly go public again” once privatization and delisting from New York Stock Exchange is completed.