India cabinet set to approve aggressive 40% renewable goal
National Democratic Alliance considers 40% renewable energy goal for 2030, target would require 250 GW of solar PV capacity by that date, and 100 GW of wind power.
Sunrun asks Arizona regulators to recuse themselves over conflict of interest, bias
Sunrun, the former mayor of Tempe and two former commissioners are asking three members of the Arizona Corporation Commission to bow out of a decision on solar fees.
OPIC funds 100 MW CSP plant in South Africa, grid improvements in Pakistan
The U.S.-led international development projects support private sector development in energy and inclusive access to finance. The projects “show the transformative impact that the U.S. private sector can have in the developing world,” OPIC says.
REC Silicon may be forced to shutter Washington operations due to trade war
The company says that despite “significant progress” towards a resolution of the solar panel trade dispute between the U.S. and China, without a solution also for polysilicon, “there will be no resolution of the trade war.”
Energy Research Centre of the Netherlands to expand PV testing
The Hague-based high-tech company Eternal Sun, a specialist in solar testing equipment, designed and upgraded the Energy Research Centre’s new testing lab.
African Renewable Energy Fund raises $200 million
The fund supports small to medium-scale renewable energy projects in sub-Saharan Africa and provides both financial assistance and technical experience essential for smaller renewable schemes being implemented for the first time.
Sky Solar partners with Hudson Clean Energy on $100m solar projects
Strategic partnership sees Hong Kong-based solar developer Sky Solar team with U.S. private equity firm Hudson to invest in solar projects in Latin America and Japan.
AES to issue solar asset-backed security
There have been only five public solar ABS deals to date totaling $560.5 million — four of which were issued by SolarCity.
Tianwei files for bankruptcy protection as solar debts mount
Baoding Tianwei Baobian Group Co., parent company of the solar firm, defaulted in April on a bond payment, becoming first state-owned Chinese firm to do so; bankruptcy filing issued this week as debts mount.
Spire considers sale of the company, assets
Despite a rebound in capital spending across the solar industry, the Massachusetts-based PV equipment maker has retained investment bank Mirus Capital Advisors to assess strategic alternatives.
