Canadian Solar announced two big wins this week for its California based subsidiary Recurrent Energy. The company announced commercial operation on its 78 MWp Barren Ridge Project, as well as the signing of a new PPA with community program MCE.
While the political storm rages over this weeks state-wide South Australian power outage, the Lyon Group has announced a partnership with Mitsubishi Corporation which it says will seek to roll out 1GW of solar + 500MWh of battery storage by 2020.
The U.K.’s Valuation Office Agency (VOA) released its draft business tax rates for businesses that own solar arrays, dropping tax rates for ‘mainly exports,’ but spiking tax for self-consumers, in another unexpected attack on the solar industry within the country.
It’s fair to say that, overall, renewable energy development has been disappointing in Israel, however, the tide appears to be shifting. To announce this new momentum, in the coming weeks a new wave of PV installations is expected to be announced.
Claude Turmes, Member of the European Parliament for Luxembourg’s Green Party, issues rallying call to European solar industry at SolarPower Europe 100 GW event.
The Indian Renewable Energy Development Agency (IREDA) is planning to trial a Credit Enhancement Guarantee Scheme. The scheme will be aimed at encouraging bond issuance by developers for solar and wind projects that have been running for one year or more.
Four bills signed by California governor Brown will mandate a distributed energy storage procurement, fund incentives for behind-the-meter storage, and more.
The innovative process that transforms quartz into solar grade metal in one-step is being developed by PyroGenesis Canada, and has achieved encouraging purity levels as high as 99.97% during the first series of testing.
This week, federal courts heard the first arguments over the Clean Power Plan (CPP), the Obama Administrations signature policy on greenhouse gas emissions in the power sector and the cornerstone of national compliance with the Paris Agreement. In this interview Nathan Serota, a senior analyst at Bloomberg New Energy Finance (BNEF) covering U.S. solar, provides some context for what the case and CPP mean for the solar industry.
A tough week of tariff cuts and bankruptcies for the solar industry, although a few success stories from California, India and the Middle East serve to lighten the mood. The strange story of a potential lifeline for SunEdison, as well Solars mention in the first U.S. Presidential debate, also make for interesting developments.
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