Abengoa receives 106 million loan from creditors
The 15-month loan will be used to keep the Spanish corporation afloat as it restructures.
Abengoa redefines its solar strategy in Chile, gives assurances for 950 GWh awarded in auction
The bankruptcy process requires the Spanish company to slow down the Atacama 1 CSP project, to reconsider its list of local projects and consider selling various assets.
European Energy A/S: 3 Solar PV plants with a total capacity of 15MW constructed and grid connected in the UK
European Energy A/S has (through wholly and partly owned subsidiaries) completed the construction and grid connection of 3 Solar PV plants in the UK.
Spain's Constitutional Tribunal gives a bitter Christmas gift to solar producers
Hours after learning of the Supreme Tribunal’s doubts regarding the constitutionality of the removal of the feed-in tariff for PV, Spain’s Ministry of Industry reports that the Constitutional Tribunal has dismissed an appeal by Murcia and affirmed that this can set a legal precedent.
Spain's Supreme Tribunal questions whether removal of the feed-in tariff was constitutional
The Supreme Tribunal has questioned the constitutionality of the substitution of the nation’s feed-in tariff for a complex compensation mechanism for PV installations. Appeals are currently frozen.
European Energy commissions 50 MW of Danish solar PV, sells to Allianz
The wind and solar developer has connected a series of solar PV projects to the grid in Denmark, and has signed conditional agreements to sell these to a fund managed by Allianz.
Dominion to put online 110 MW of solar PV in Virginia
The state government will purchase the electricity generated by the new projects through long-term contracts.
Hanergy financial controller departs
Li Guangmin, Hanergy Thin Film Power Group executive director and financial controller, has stepped down. The move comes as reports mount that the company is seeking investment from a Chinese state-owned investor in exchange of its parent companys hydropower assets.
Taiwan ups solar FITs, sets 500 MW 2016 target
Taiwans Ministry of Economic Affairs has released new tariffs for solar PV. To boost activity in the region, a 12.5% increase in tariffs has been set for installations in the northern part of the country, and in Miaoli County. Other installations will see tariffs rise 5.6%. Overall, 500 MW are being targeted next year, while cumulative capacity should reach 8.7 GW by 2030.
Italy: Quercus, Swiss Life acquire ASI, 77.1 MW solar portfolio
Quercus Assets Selection and Swiss Life Asset Managers have acquired Antin Solar Investments (ASI) and its 771. MW Italian PV portfolio, worth EUR 310 million. The transaction should be finalized in Q1 2016.
