Alterra Power and Inovateus have secured a US$8.9 million construction loan from 1st Source Bank for the Kokomo solar project. The project is approximately 7 MW and located in Kokomo, Indiana.
The European Commission’s trade measures have been ruinous for European manufacturers, led to the loss of thousands of jobs and stymied growth in the sector, members of SolarPower Europe argue in a letter to Brussels.
Indias Ministry of Power has announced a waiver of losses and interstate transmission charges for solar and wind projects. India is looking to encourage growth in renewable energy generation, in order to meet ambitious targets.
Leading Indian developers Azure Global Power announced the pricing of its initial public offering on the New York Stock Exchange. The shares are expected to begin trading today under the symbol AZRE, at an initial price of $18.00 per equity share.
The moment of truth is coming for the consolidation of Elon Musks clean energy empire.
The country’s transmission system operators are set to publish the newly calculated green power levy on Friday.
The levy currently accounts for approximately 22% of a customer’s total bill. For a three-person household with a consumption of 3,500 kilowatt hours a year, the tax will increase by 18 euros to 240 euros a year following the hike.
Winners include a 300 MW solar project in Jujuy and a 100 MW project in Salta, at a median price of US$59.75/MWh. A second round was announced in November with a 200 MW solar quota.
Mercom Capitals Q3 report shows a significant increase in investment levels from last quarter, but funding is still down across the board compared to a year ago.
Its a complicated time in the U.S. solar industry, with a booming market, especially for utility-scale solar and increasing public interest, but also collapsed PV module prices and shifts in production.
Over the weekend, MGM Resorts International and Wynn Resorts Ltd. left NV Energy to pursue renewable energy sources.
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