LDK Solar's Chinese subsidiaries forced into restructuring by Xinyu City
Four state-run companies successfully petitioned Chinese courts to begin bankruptcy proceedings for the LDK Solar companies, only a day after the resignation of President and CEO Xingxue Tong.
Mexico to hold its first post-reform electricity auction
The contest will be resolved at the end of March 2016. Under the auction, clean energy certificates will be issued in addition to power and capacity contracts.
Despite rapid growth, yieldcos face money troubles
A new report by CohnReznick looks at the dramatic growth of yieldcos and the massive amount of cash they have raised, but also the difficulties that yieldcos are having due to depressed stock prices.
Vivint Solar to introduce solar loans with Mosaic
One of the Americas biggest solar lease providers Vivint Solar will begin introducing solar loans in partnership with solar crowdfunder Mosaic. The loans will initially be introduced in Vivints home state of Utah with the goal to roll it out in other markets.
Massachussets fails to lift net metering caps
The two houses of the Massachusetts legislature failed to reconcile bills that would have lifted the net metering caps, which have already been reached in some utility service areas.
JA Solar ships record 1.1 GW in third quarter
Record revenue and shipments underline strong third quarter for the Chinese solar firm that surpassed high end guidance forecast from Q2; China represented more than half of its total shipments.
UK to phase out all coal plants by 2025
Energy Minister Amber Rudd delivers speech calling for an end to ‘outdated’ energy source, with natural gas and nuclear power to be ramped up to plug the power gap.
Enel marks push into renewables with Enel Green Energy repurchase
Italian utility Enel is moving towards the repurchase of renewable developer Enel Green Power (EGP). The move is the key part of Enel’s stepping up of its renewable activity, as CEO Francesco Starace looks to EGP becoming “one of the growth engines of the Enel Group.”
Silver Lake invests $100 million in SolarCity
SolarCity Chair Elon Musk and CEO Lyndon Rive have joined the investment, which comes as SolarCity’s stock remains depressed.
Silver Lake invests $100 million in SolarCity
SolarCity Chair Elon Musk and CEO Lyndon Rive have joined the investment, which comes as SolarCity’s stock remains depressed.
