Two major financing institutions are providing parallel loans totalling US$71 million to Jordan-based firm Al Ambaratouria LL Taka Al Shamsia, which is owned by Fotowatio Renewable Ventures (FRV), to construct a 67MW solar project.
US-based PV module manufacturer Suniva has officially opened its 250MW capacity expansion at its US headquarters, located in Norcross, Atlanta, Georgia.
Beleaguered Spanish renewables firm Abengoa has received US court approval to exit its Chapter 11 bankruptcy, according to court records filed on Wednesday.
Trina Solar’s shareholders have voted by a huge majority to back the company’s plan to pursue privatisation and de-listing from the New York Stock Exchange.
The top 10 states in India have accounted for 90% of the country's solar pipeline and installations, according to a report from Mercom Capital Group. India has installed over 9GW of large-scale solar capacity and boasts a PV pipeline of 14GW as of December 2016, the consultancy said.
The last minute decision to drop Brazil’s only solar and wind auction for 2016 has been “received with perplexity” by the Brazilian PV sector, according to the head of the country’s solar association.
A group of 22 MEPs have called on the European Commission to end the minimum import price (MIP) agreement and the punitive trade duties currently placed on Chinese cells and modules.
Driven by steep cost declines in PV equipment, solar is now almost on a par with wind energy and will soon become the cheapest form of energy in developing nations, according to the Climatescope 2016 report from Bloomberg New Energy Finance (BNEF).
The levelised cost of rooftop and large-scale solar PV continued to rapidly decline in 2016, financial advisory and asset management firm Lazard has said.
