In a 2-0 ruling, the Hawaii Public Utilities Commission (PUC) rejected NextEra Energy’s US$4.3 billion bid to purchase Hawaii’s largest utility, Hawaiian Electric Industries (HECO), after finding it was not in the public interest.
Leading polysilicon and wafer producer GCL-Poly Energy Holdings has signed a new supply contract with sister PV module manufacturing company, GCL System Integration totalling 110,000,000 wafers through the second-half of 2016.
A forecasted fall in solar PV module prices due to an emergent oversupply in China will aid the Indian solar sector in time for its largest capacity additions set for Q1 2017, according to the latest update from consultancy firm Bridge to India.
JinkoSolar US, a subsidiary of ‘Silicon Module Super League’ (SMSL) member JinkoSolar, has increased its credit limit with Wells Fargo Capital Finance, a division of Wells Fargo Bank, to US$60 million from US$40 million with a three year term.
Vietnam located and Chinese-owned PV manufacturer Boviet Solar is set to position itself away from being perceived as a low-cost, low-quality producer by ramping a high percentage of its nameplate capacity to PERC (Passivated Emitter Rear Contact) solar cells and modules.
In response to financial and environmental concerns, House Republicans reviewed a key tenet of Obama’s energy legislation, specifically the perceived lavish subsidies set aside for utility-scale solar power plants.
The UK's department of energy and climate change has been disbanded. The country’s energy policy will now be decided by a new department headed up by former communities minister Greg Clark, who has been appointed secretary of state for business, energy and industrial strategy.
D. E. Shaw Renewable Investments announced that it has acquired the 100MW North Star PV project from Community Energy and has started construction on the installation, which is located in Chisago County, Minnesota.