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Markets & Policy

Indian government approves IPO for renewable energy agency

The initial public offering proposed by the Indian Renewable Energy Development Agency (IREDA) has been given approval by the Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Shri Narendra Modi.

Trump keeps digging coal, but wants solar on the wall with Mexico

President Trump suggested paying for the construction of his border wall with Mexico through the sale of power from solar installations.

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Solar leads the way in record-breaking renewable capacity additions, REN21 report says

With 161 GW installed, last year was a record 12 months for global renewable additions, finds the annual overview of the state of renewable energy drafted by REN21. Solar PV accounted for around 47% of the capacity added.

Work begins on 4.4 MW PV plant in Cuba

The Cuban province of Sancti Spíritus, which will host the plant, is planning to deploy 63 MW of PV capacity by 2019.

Germany: new PV installations reach 131 MW in April

The German grid regulator Bundesnetzagentur has also announced new FIT levels for July.

Court approves TerraForm Power, Global settlements with SunEdison

The rulings help clear the way for Brookfield’s acquisition of the two yieldcos, and close a long and difficult chapter in the story of the three companies.

NADB considers loan for Mexico’s largest PV plant, Puerto Libertad

If the loan is approved, it could close by the end of the month.

New York to procure $1.5 billion worth of renewables

The largest-ever state renewable energy solicitation is just one of the moves that the Cuomo Administration has taken in response to U.S. President Donald Trump exiting the Paris Agreement.

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Rapper Akon lights up Africa with solar

Akon, the platinum-selling rapper, is lighting up Africa with solar lighting and other products thanks to a reported $1 billion credit line with Chinese manufacturers and a skill for celebrity networking.

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JA Solar chief exec lodges revised takeover bid for company

Baofeng Jin, JA Solar’s CEO and chairman, and the Jinglong Group – a British Virgin Islands company of which Jin is the sole director – has applied to acquire all of JA Solar’s outstanding shares in revised update of 2015 takeover bid.

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