Financial & Legal

The threat of a double taxation of solar in India via both safeguard and basic custom duties could squeeze developers and result in large numbers of project cancellations, consultancy Fitch Solutions has warned.

New York Governor Andrew Cuomo has announced the largest combined green energy solicitations ever issued in the US, seeking up to 4GW of renewable capacity to combat climate change.

Microsoft has unveiled its single largest renewable energy portfolio investment through a new deal with US energy firm Sol Systems.

Sonnedix has reached financial close on a 40MW utility-scale solar farm in Japan, adding to a growing portfolio of solar in the country.

Renewables auctions in Ireland have been given the go-ahead after the European Commission cleared the country’s mechanism for state aid.

Seven companies have been shortlisted for funding from a AU$70 million pot to help green hydrogen projects in Australia.

BayWa r.e. has broken ground on a 64.6MWp solar farm in Poland – the country’s largest – as it sets sights on a 600MW portfolio in the country.

A round-up of policy developments and project news from the US, where Massachusetts’ SMART programme has doubled its capacity and plans to launch a regional imbalance market in the Southeast have come under scrutiny.

Kuwait has cancelled a 1.5GW solar project meant to power the country’s state-owned petrol company citing the ongoing COVID-19 pandemic.

Canadian solar companies have complained about the Mexican government’s treatment of them, warning that the regime may have already breached a new trade deal signed between the two countries earlier this month.