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.
389 MW of solar comes online in Honduras in 2015 to date
This rapid pace makes Honduras the second-largest solar market in Latin America in 2015. Plants commissioned since the first of the year include one larger than 100 MW and another 61 MW.
Li-ion battery costs to fall 50% in next 5 years, driven by renewables
Capital costs for lithium-ion (Li-ion) batteries are expected to come down by around 50% over the next five years, as a result of increased renewables generation, among other factors, finds Lazard in a new study looking at the levelised cost of storage (LCOS). Currently, energy storage is not cost-competitive with most applications, however. In a separate study, Lazard, analyzed LCOEs in the U.S. Utility-scale PV was found to be competitive against conventional energies, while rooftop solar still requires “significant” subsidization.
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.
Correction: Trina Solar signs MoU for $518m fab in India's Andhra Pradesh
Local reports suggest the Chinese solar firm has penned a memorandum of understanding with the Andhra Pradesh government to develop its 2 GW, Rs 2,800 crore solar manufacturing facility in Atchutapuram.
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Energy Minister Amber Rudd delivers speech calling for an end to ‘outdated’ energy source, with natural gas and nuclear power to be ramped up to plug the power gap.
India's rooftop PV capacity hits 525 MW, says Bridge to India
Consultancy firm says landmark was reached in October, adding as much solar capacity in the past 12 months as the three years that preceded it; next 12 months will see slight slowdown, with 455 MW installed.
