Report: India's solar ambitions to create more than 1 million jobs
Indias 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 countrys 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 Bolivias Oruro Department.
Judge halts asset transfers by SunEdison, TerraForm Power
Shareholders of Latin American Power have successfully blocked SunEdison from transferring any assets until a February 25 hearing.
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.
Massachusetts SRECs capped for projects over 25kW
With net metering caps also being hit in utility service areas across the state, the mid-sized to large-scale solar sector is in serious trouble.
Singulus forecasts return to profit in 2017, solar segment to drive sales
Troubled German solar and optical disk production equipment supplier Singulus has issued an outlook for 2016, in which it forecasts slightly negative earnings in 2016 and return to profit in 2017. Solar sales are forecast to account for more than 70% of revenues in 2016.
Australia: 450 MW of utility scale solar deals forecast for 2016
The Australian large scale solar market segment is set to have a breakout year in 2016, with over 450 MW of project deals set to be signed. Green Energy Markets made the forecast today noting, however, that this level of development will be insufficient to meet the countrys Renewable Energy Target leaving electricity consumers to pick up the tab when shortfall penalties are incurred.
KKR rebrands Gestamp Solar in $500m overhaul
The global investment firm renames Gestamp Solar as X-Elio and pledges to steer half a billion dollars into the acquired company to aid expansion efforts across various solar markets.
IFC program pledges 200 MW solar for Senegal
Senegal become second African country to join the International Finance Corporation’s Scaling Solar program; 200 MW of PV capacity additions scheduled over the next few years.
