Bankrupt renewables firm SunEdison has informed its two yieldcos that it will no longer pay interest on their senior notes due to Chapter 11 bankruptcy proceedings, according to SEC filings.
Following a Portuguese government announcement approving 180MW of unsubsidised solar PV capacity, the country’s renewables association has said solar cannot work without financial support in current market conditions.
Dominion Virginia Power, a subsidiary of utility Dominion, is to construct a 21MW solar PV plant at Naval Air Station Oceana in Virginia Beach on behalf of the Department of the Navy and Commonwealth of Virginia.
The Australian Energy Regulator has released a draft decision protecting solar users in South Australia from increased charges proposed by utility SA Power Networks (SAPN).
Farmers in Australia are bearing the brunt of electricity price fluctuations, but they may benefit from partnering with renewables companies, according to Jacqueline Knowles, manager of natural resources policy with the National Farmers' Federation.
Indian state-owned power equipment manufacturer Bharat Heavy Electricals Limited (BHEL) has bagged an EPC order for 80MW of solar PV capacity in Tamil Nadu and Telangana for mining and power firm Neyveli Lignite Corporation (NLC) and Bharat Electronics Limited (BEL).