The Committee on Foreign Investment in the United States (CFIUS) has blocked the US$232 million investment by Shenzhen Energy in three projects owned by Recurrent.
Wells Fargo Renewable Energy and Environmental Finance has completed the final US$85 million in tax-equity funding for Sempra Renewables’ 200MW PV project near Fresno, California.
Swedish retail giant IKEA will open the doors to its first store in India on Thursday and it is in the commissioning phase of an 800kWp rooftop solar plant to go with it.
A company owned by Richard Branson’s Virgin Group has joined a Caribbean-wide effort to improve the resilience of clean energy projects by acquiring a 4MW solar plant that was damaged by Hurricane Maria.
Canadian Solar has closed US$45 million in financing with Natixis, a subsidiary of French banking company Groupe BPCE, that will be used to construct Canadian Solar’s 68MW PV project in Aguascalientes, Mexico.
China-based polysilicon and wafer producer Daqo New Energy has guided wafer sales volume down 70%, year-on-year as the caps on utility-scale and Distributed Generation (DG) solar projects in China at the end of May start impacting quarterly business results for many companies dependent on the China solar market.
Module prices in India will remain 14% lower than eight months ago even after the imposition of a 25% safeguard duty on imports, according to analysis by IHS Markit.
