Solar modules sold in the European Union (EU) could be subject to lower value added tax (VAT) rates after an agreement was reached this week by finance ministers from across the bloc.
Solar developer ReneSola Power reported Q3 revenue below its guidance due to delayed PV project sales but said its pipeline is growing faster than previously expected.
A round up of the latest news from the Americas, including National Gird Renewables closing a US$98 million raise, a ski resort investing in solar via a partnership with Nexamp and Westbridge Energy buying a controlling stake in a solar and storage company
RWE is to invest up to €15 billion (US$16.92 billion) into its renewable portfolio in Germany by 2030 as well as expanding its workforce through hiring 200 new staff to work on developing solar PV and wind in the country
Real estate firm JLL is collaborating with LevelTen Energy to help its clients transition to clean energy by simplifying the corporate power purchase agreement (PPA) process.
A US development agency has approved up to US$500 million of debt financing for First Solar to support the manufacturer in setting up a thin film module production plant in India.
Solar developer ib vogt has signed a €40 million (US$45 million) syndicated loan agreement with its long-standing German bank partner Commerzbank AG to support its international growth strategy
The US and China will account for a combined 57% of total forecasted solar capacity additions through 2030, with the countries adding 151.3GW and 436.9GW of solar capacity, respectively. Both countries have risks to this development, however, with the US needing to overcome trade and tariff problems, while China needs to ensure the reliability of PV production
Tesla is being investigated by the US Securities and Exchange Commission (SEC) following a claim that the company did not appropriately inform its shareholders and the public about potential fire risks from its solar systems, according to a report by Reuters.
