The company’s response to the elimination of retail-rate net metering in Nevada is to leave and take 2,000 jobs with it.
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.
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.
Nevada regulators have set new rules for solar customers participating in net metering, including retroactive changes for those already participating in the program.
Representing the largest project of its kind in Scandinavia, a 61 MW solar PV plant has been completed by Wirsol in Denmark. More projects are being planned by the company in the region next year.
In this exclusive interview with pv magazine, SunEdison founder and solar industry legend Jigar Shah gives his views on the recent extension of the U.S. ITC, why the phase-down was critical, and what the future holds.
The U.S. House of Representatives has passed a funding bill that extends the ITC through 2020, with a graduated decline afterwards. The bill now moves to the U.S. Senate.
Shortly after passage in the U.S. House of Representatives, the U.S. Senate has passed an omnibus spending bill which includes extension of the 30% federal ITC. This was the final vote before the bill is signed by U.S. President Obama.
Following the official announcement by the U.K. Government of the new FIT for renewables from 2016 onwards, there has been a backlash about the lack of support for ground-mounted systems. IHS tells pv magazine the sector is unviable post March, while it will be hard for solar to play a larger role in the country based on the changes. BNEF expects to see a Q1 2016 boom bigger than this year’s, and Lightsource is already planning large-scale projects sans subsidies.
The research firm’s initial forecast based on the potential extension of the ITC finds that the U.S. solar market will grow in 2017, and that this will prevent a 10% decline in the global solar market.
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