Whilst this claim that 'solar is for the rich' has previously never been supported by any data-based analysis, a new report by GTM Research and PowerScout could suggest that there may be some truth in this.
A Solar Energy Corporation of India (SECI) tender for 750MW of PV capacity at the Bhadla Solar Park in Rajasthan has been massively oversubscribed, with roughly 8.75GW worth of technical bids received.
German bank HSH Nordbank announced this week that it is providing Danish developer MC Finans with a long-term loan of approximately US$24.6 million for the financing of the Vandel 2 solar park in the municipality of Vandel / Billund in southern Jutland.
Queensland-based developer SolarQ is planning to build a 350MW(AC) solar plant combined with a ground-breaking 4,000MWh of lithium-ion battery storage in the Gympie Region of Queensland, Australia.
After new Secretary of Energy Rick Perry sent a memo to his chief of staff authoring a 60-day review of the grid to investigate how certain federal subsidies boost one form of energy at the expense of certain base load energies such as nuclear and coal, many industry observers believed him to be attacking renewable energy, but the SEIA claims this is not the case.
After filing for Chapter 11 bankruptcy protection in March this year, Sungevity has been approved for sale to Minnesota private equity firm Northern Pacific Group for US$50 million.
Atlanta-based solar panel manufacturer Suniva has officially filed for Chapter 11 bankruptcy blaming overcapacity due to a mass influx of cheap solar panels in Asia, undercutting domestic production.
