The Canadian group is set to become an international independent power producer with a focus on Sub-Saharan Africa and Latin America.
U.S. presidential hopeful Hillary Clinton blasted retroactive changes to Nevada’s net metering law, Australia relaunched its investigation into anti-dumping case against Chinese solar producers and India continues to impress and attract new solar solar developers.
Construction on the project began last December in the Brazilian state of Bahia. Enel Green Power was awarded a PPA in a national auction for this project.
The Chinese company is demanding the return of a $64 million advance plus damages after a planned deal with Hareon failed to transpire.
Chinese equipment maker Suzhou Horad has received an order to supply a 200 MW solar PV module line to Motechs new factory in China.
Dynamics within the global coal market mean that limited changes in U.S. production are unlikely to alter U.S. coal consumption and thus will have little impact for solar and other forms of renewable energy.
A new report by the Taiwanese analysts indicates that the current shortage in multicrystalline silicon wafers will be met with substantial capacity increases, and that prices will peak in February.
In his state of the state speech, New York Governor Andrew Cuomo built upon his administration’s progress with $15 million in training for solar workers.
BNEF calculates that 57 GW of solar PV was installed last year, marking an increase of around 30% on 2014. Latest figures also show that, despite factors which could have impeded growth, clean energy financing reached US$329.3 billion in 2015. Chinese and U.S. markets led the charge, alongside a host of new markets; European activity, however, decreased.
Germanys federal Ministry of Economics has taken stock after the first three pilot tenders for ground-mounted solar PV systems. It particularly notes the decline of prices from round to round, and stakeholder diversity. Whether tenders are likely to achieve installation targets, politicians cannot yet say, however. The Green Party, meanwhile, has criticized the Federal Government for wanting to expand renewable energy tenders without having reliable results.
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