Brazil's almost negligible solar deployment record is forecast to take off this year and the first movements on building Enel Green Power's 254MW plant in Bahia are symbolic of this shift in Brazil's utility-scale sector.
Solar developer SPI Energy has invested around US$4.6 million in an electric vehicle rental service in China, with the company expected to build branded charging stations and leverage its PV business to finance its growth.
The anti-dumping saga in Australia has been reignited after the Anti-Dumping Commission on 8 January overturned its previous decision to terminate of the investigation, following a review.
Italy-based renewable energy developer Enel Green Power (EGP) shareholders have approved the merger of EGP with Italy’s largest utility Enel SpA, at an extraordinary shareholders meeting held in Rome this week.
Global corporate funding in the solar industry reached US$25.3 billion in 2015, with a record year for residential and commercial solar, according to consultancy firm Mercom Capital.
Major renewable energy provider SunEdison has secured new term loans to reduce debts but carry an interest rate of LIBOR + 10.0% per annum through mid-2018.
Delhi-based private distribution company (Discom) BSES, which is backed by Indian conglomerate Reliance Infra, plans to procure 700MW of clean energy including solar power using a reverse auction process.
