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Financial & Legal Affairs

Mission Solar Energy to close Texas cell lines, lay off 87 employees

The bifacial PV maker will be closing 200 MW of cell capacity and sourcing cells from an un-named Asian PV cell maker.

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Europe hits 100 GW of solar, but rocky road ahead says MEP

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.

IREDA plans to encourage bond issuance by solar developers

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.

Minimal impact: BNEF’s Nathan Serota on the Clean Power Plan and solar

This week, federal courts heard the first arguments over the Clean Power Plan (CPP), the Obama Administration’s 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.

Sometimes you win: the pv magazine USA week in review

This week we saw policy wins in California and New York City, as well as some good signs from Nevada and a promising policy in Massachusetts – not to mention documentation of a big fall in solar costs.

Solaria files IP lawsuit against GCL over module production infringement

The Californian solar module developer alleges misappropriation by China’s GCL Solar over trade secrets pertaining to its patented production technique.

SunPower subsidiary suing SolarCity for IP theft

Case by Cogenra Solar and Khosla Ventures filed in San Francisco yesterday accuses SolarCity and its subsidiary Silevo of misappropriating trade secrets concerning shingling technology. SolarCity refutes case, and alleges trade-secret theft of SunPower employee.

TerraForm Power, Global in talks with SunEdison over more than $3 billion in claims

The two yieldcos are hoping to resolve suits with their sponsor, while they look for buyers.

Verengo Solar files for bankruptcy, will sell solar assets to Crius Energy

Using Section 363 of Chapter 11 bankruptcy laws, the troubled California solar installer hopes to regain its position as a major installer in California as well as expand nationally.

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Ups and downs: the pv magazine USA weekly news digest

This week saw bad news and good news in the U.S. Solar market, with layoffs at Enphase and a congressional investigation, but also some positive market momentum in Minnesota and several large projects announced in Western states.

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