Vivint shareholders to vote on SunEdison acquisition
Vivint Solar has issued a proxy statement calling for a shareholder vote. Acquisition by SunEdison is expected to close in the first quarter of 2016.
The perfect deal: Jigar Shah on the recent extension of the US Investment Tax Credit
In this exclusive interview with pv magazine, SunEdison founder and solar industry legend Jigar Shah gives his views on the recent extension of the U.S. ITC, why the phase-down was critical, and what the future holds.
Australia reaches 4.59 GW of small-scale solar PV
Data released by the Clean Energy Regulator shows 119,000 new small-scale PV installations in 2015, roughly a third of market volume in 2011 and 2012.
ANES: Mexico to put online 600 MW of solar PV in 2016
ANES predicts that US$900 million will be invested in PV projects next year in Mexico. The market this year is around 100 MW, half of which is in the net metering program. Local capacity for PV module production exceeds 1 GW.
BBOXX secures $15m funding for Africa solar ventures
The British solar energy provider completes funding round with consortium of investors, including a package that uses securitization as a means of financing solar systems in Africa a first for the continent.
UK: Committee of MPs writes to Energy Secretary criticizing solar cuts
Letter to Amber Rudd says recently confirmed cuts to the solar feed-in tariff and further caps on renewable spending will damage investor confidence in the country’s clean energy sector.
India's Azure Power files for $100m IPO
World Bank-backed Indian clean energy company Azure Power has registered to sell stock amounting to $100 million in an initial public offering on the New York Stock Exchange.
Solar ITC extension approved in the U.S. Senate
Shortly after passage in the U.S. House of Representatives, the U.S. Senate has passed an omnibus spending bill which includes extension of the 30% federal ITC. This was the final vote before the bill is signed by U.S. President Obama.
The pv magazine weekly news digest
From COP21 and solar cop-outs to c-Si breakthroughs and the small matter of a possible, No, JUST CONFIRMED, extension of the U.S. ITC, it’s been a pretty quiet week in the world of solar PV.
Partial victory for UK solar industry, huge job losses still expected
The U.K. Government has set the new solar PV tariffs. Representing a partial victory, cuts will not be severe as anticipated 64% instead of 87% for residential however, fears are nearly 19,000 jobs could still be lost. Quarterly caps have also been imposed which, says STA, could be damaging. Solar can still be a “reasonable” investment, it concludes. The new rates will come into effect on February 8. Despite the limited success, harsh criticism has been aimed at the government, particularly in light of its decision to end ROCs and grandfathering.
