287 MW PV plant in California approved despite objections
Soda Mountain, a 287 MW solar facility in the Mojave Desert in Southern California, was approved by the Obama administration. Ecologists warn about the heavy impact on the local wildlife.
Massachusetts finally has a bill to raise the net metering caps
The conference committee comprised of both houses of Massachusetts legislature has reported a bill which will raise net metering caps by 3%, but reduces compensation for larger private solar projects.
Yingli debt repayment extension proposal fails to reach agreement
Lead underwriter of $220 million loan due on May 12 takes into consideration Yingli’s request for two-to-three year repayment extension but fails to confirm agreement.
Healthy competition: An interview with Jenny Chase, BNEF head of solar
pv magazine spoke with Jenny Chase, who leads Bloomberg New Energy Finance’s solar analysis, at the BNEF 2016 Future of Energy Summit in New York City. We discussed her thoughts on solar in the United States, Latin America and globally, including her perspective on record low PPA prices in Mexico.
Brazil: Enel begins construction of 158 MW solar plant
The project in Bahia is the third over 100 MW to break ground in Brazil in the last six months. Investment in the project stands at around US$175 million.
8point3 Energy Partners beats guidance & stays on course during Q1
The joint First Solar/SunPower yieldco delivered greater CAFD than its guidance, and remains on course to grow dividends 12-15% through the end of 2017.
UK: supporting renewables over controversial Hinkley nuclear plant could save billions, finds report
Study by thinktank the Intergenerational Foundation projects savings of GBP 40 billion over the next 35 years if money earmarked for Hinkley Point nuclear station was instead steered towards solar power.
First PV module manufacturing plant opened in Ghana
Strategic Power Solutions (SPS) developed the plant, which will be capable of producing 30MW of modules a year that will be aimed at the emerging West African market.
MENA region could save $750bn if renewable targets met, says IRENA chief
IRENA director general Adnan Amin believes the Middle East and North African power sectors could enjoy a net benefit of $750 billion if countries in the region are able to hit their 2030 renewable energy targets.
As solar prices drop in the U.S. consumers are increasingly shopping around to find the best deal
EnergySages second Solar Marketplace Intel Report highlighted a reduction in the average solar prices across the U.S. and an increasing trend for solar consumers to get competing quotes, while the major module and inverter manufactures consolidated the market further.
