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Markets & Policy

Europe must profoundly change how it lives to meet climate goals, says European Commission

Leaked memo reveals European Commission advice on current and future generations of Europeans to enact profound lifestyle changes in order to ensure global warming is limited to 1.5c.

Lightsource begins work on Europe's largest floating PV array in London

Installation of the 6.3 MW floating solar array on the Queen Elizabeth II reservoir in London begins; installation is first of its kind for U.K. solar developer Lightsource Renewable Energy.

Phanes Group to expand solar pipeline to 500 MW

Dubai-based solar company is targeting the addition of 500 MW of solar PV by 2018 across numerous regions globally; General Energy Solutions’ 30% acquisition delivers ambitious boon for the company.

India could surpass 20 GW of solar by next March, says government report

The Ministry of New and Renewable Energy expects around 12 GW of solar PV capacity to be commissioned in the next financial year; India will end March with just over 9 GW of cumulative PV capacity installed.

Nevada to phase in new rates for solar over 12 years

Regulators’ decision to phase in new rates and fees for PV system owners over 12 years instead of four has been deemed inadequate by solar advocates.

Mexico’s first electricity auction is 15x oversubscribed

Technical bids were presented for more than 15 times the capacity of electricity and clean energy certificates in the solicitation. The price ceiling has been set at US$70. The first auction will be resolved on March 31 and the second auction will be convened during the second quarter of this year.

Report: India's solar ambitions to create more than 1 million jobs

India’s solar sector is set to deliver a jobs boom if the country pursues its goal of 100 GW of solar capacity by 2022. The Natural Resources Defense Council (NRDC) and the Council on Energy, Environment, and Water (CEEW) performed the analysis behind the jobs prediction, noting that both high and low-skilled jobs will be required in the country’s downstream solar sector.

EU tariffs imposed on Chinese solar companies shipping via Malaysia, Taiwan

The European Commission has imposed import tariffs on Chinese producers which sell below minimum import prices and export via Malaysia and Taiwan. Five Malaysian and 21 Taiwanese producers have been expressly exempted from the duties.

Bolivia announces a 100 MW solar project

The French Development Agency has awarded US$65.5 million in credit for the first 50 MW phase of the project in Bolivia’s Oruro Department.

Judge limits asset transfers by SunEdison, TerraForm Power

Shareholders of Latin American Power have successfully blocked SunEdison from transferring assets under unusual conditions until a February 25 hearing.

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