Energy developer Latin America Power (LAP) has filed a suit in a New York court to secure US$150 million in project assets from SunEdison, after the planned purchase of LAP fell through due to SunEdison’s financial woes, according to reports.
SolarCity, the largest residential solar PV installer in the US said in its fourth quarter 2015 earnings call that its ambitious 1GW Buffalo Riverbend manufacturing facility had been impacted by longer than expected equipment lead times, pushing some equipment installs into the second-half of 2016.
Energy storage is to be included in India’s state-run solar energy tenders for the first time under plans to help smoother integration of renewables into the grid.
PV module assembly equipment supplier Valoe Corporation has secured its long awaited first order for an automated turnkey back contact module assembly line from an unidentified customer in Ethiopia for €15.8 million.
Ontario-based semiconductor manufacturer Solantro Semiconductor is partnering with tracker company Smarttrak to help with remote management of PV trackers in India.
The US Supreme Court has granted a stay that pauses the implementation of the Environmental Protection Agency’s (EPA) Clean Power Plan, which aims to spur investment in renewable energy.
Specialist PV manufacturing equipment supplier Singulus Technologies has highlighted the essential support it needs from shareholders and bondholders to avert liquidity issues that would force the company into insolvency.
Japan’s renewable energy laws are likely to result in the introduction of an auction process for large-scale solar, with the Ministry of Economy, Trade and Industry (METI) confirming that it has put a plan for approval before the cabinet.
