Foresight Solar Fund looks to raise more than GBP 50 million in new investments
The UK based investment group has announced its intention to raise further investments worth more than GBP 50 million (US$ 61.2 million), with the aim of acquiring up to 250 MW of solar power plants in the UK, as well as expanding into South Africa.
SolarWorld Americas appreciates Trump’s tough trade talk
The panel manufacturer, which operates a production facility in Oregon hopes the president’s call for strict enforcement of U.S. trade laws will give it, as well as other domestic panel companies, a better chance against Chinese competition.
Extension of EU duties on Chinese solar products is now official
On Friday, the EU published in its Official Journal the 18-month extension of antidumping and anti-subsidy duties on Chinese solar products, including notification of a partial interim review of the measures. The review could lead to the gradual reduction of duties and minimum import prices. The EU will also consider if the Minimum Price Undertaking agreement is still of relevance.
Rick “Oops” Perry becomes the new U.S. Secretary of Energy
The man who once famously forgot the U.S. Department of Energy in a 2012 Republican presidential debate is now, astonishingly, the person who was just confirmed to lead it.
Solar reached 1.4% of U.S. electricity in 2016
The latest figures from the U.S. Department of Energy show that all renewables together made up 15.3% of U.S. generation.
North American and European utilities invested around $297 million in distributed solar to date, GTM Research
Investments in distributed solar made by North American and European utilities have reached an aggregate value of $297 million to date. North American power providers seem to be more confident on distributed solar, but European companies are investing more heavily in all distributed energy segments.
Mixed reactions to 18-month extension of antidumping and anti-subsidy duties on Chinese manufacturers
The 18-month extension to antidumping (AD) and anti-subsidy duties applied to Chinese solar exports has caused mixed reactions within the industry. The measure should be published on the EU Official Journal by the end of this week.
ReneSola regains NYSE listing compliance
The Chinese integrated PV manufacturer’s stock has traded above the New York Stock Exchange’s (NYSE) minimum threshold of $1.00 per share for 30 straight days.
World Bank approves $480 million guarantee to promote solar and renewables in Argentina
The World Bank will promote the development of large-scale renewable energy and solar projects across Argentina with a $ 480 million guarantee. The funds will be used to support projects being implemented under the country’s RenovAr program for renewable energies.
Italy installed 369 MW of new PV systems in 2016
The Italian solar market grew by 22% in 2016. The country added 369 MW of new PV systems last year. This growth was mainly driven by tax breaks for the residential sector and the regulation for self-consumption. Most of these systems have a power of up to 100 kW.
