The recent global stock market sell-offs, including US majors NYSE and NASDAQ, are having repercussions for both SunEdison and its US-centric yieldco, TerraForm, according to Baird Equity Research analyst, Ben Kallo.
Until clean energy is properly valued in the US, legislation-based storage procurement mandates and solar incentives such as the ITC will remain necessary to support low-carbon technologies like solar and solar-plus-storage, a prominent energy storage industry figure has said.
Valley Electric Association (VEA), a nonprofit, member-owned electric cooperative, has announced plans to begin construction on a 15MW solar energy generation project in Pahrump, Nevada.
A report, four years in the making, has been released by the US Department of Energy (DOE), Office of Inspector General into the collapse of CIGS thin-film producer, Solyndra, and the way more than US$500 million of loan guarantees were given out by the department to the failed company.
Brazil’s largest solar panel manufacturing facility will be inaugurated on Friday (28 August) by manufacturer Globo Brazil, providing a major boost towards financing domestic PV projects.
According to Dutch media reports, Heerlen, Netherlands based solar cell producer, Solland Solar, a subsidiary of Italian industrial firm Pufin Group, has filed for bankruptcy protection.
Lobbyists protecting fossil fuel industry interests including the Koch brothers have been criticised openly by Barack Obama this week for “standing in the way of the future” by attempting to hamper the progress of renewables.
News in brief from the PV Tech Storage site: Australia gets its largest battery storage system to date, Tesla man persuaded to go back to Sonnenbatterie and Gildemeister installs PV-linked flow battery systems in Czech Republic.
