The US Navy has committed to developing 210MW of solar PV across 14 military installations in what has been labeled the largest purchase of renewable energy ever agreed by a US federal entity.
London-based asset management group Foresight Solar Fund has said the UK “remains an attractive market” despite recent policy changes and confirmed it will pursue a 300MW pipeline in the second half of this year.
Module manufacturer Wuxi Suntech has lost a lawsuit filed by renewable energy developer ZKenergy in a dispute over a RMB206 million (US$33.17 million) sales contract.
Bluefield European Solar Fund (BESF), a new solar investment vehicle to be advised by Bluefield Partners, has announced its intention to list on the London Stock Exchange and raise €200 million (US$220 million) for PV acquisitions.
Subsidies earmarked for solar could be cut as the UK’s Department of Energy and Climate Change (DECC) battles to keep Levy Control Framework (LCF) spending under control, a new report issued by market intelligence firm Cornwall Energy has claimed.
PV project developer Solar Power Inc (SPI) has raised US$25 million from its latest private placing in a deal that could be worth up to double that amount.
Joe Warren, managing director at UK energy storage start-up Powervault, says there is enough room in the market for multiple storage manufacturers as his company looks set to do battle with Tesla to win over British households.
UK energy and climate change secretary Amber Rudd has said the new Conservative government “does not want large-scale solar” as MPs clashed over the recent decision to bring a premature end to onshore wind subsidies.
