Financial & Legal

December 5, 2019
Major polysilicon producer Wacker Chemie has directly blamed the Chinese governments support of its domestic polysilicon manufacturers for the need to make a major write-down of its polysilicon production facilities in Germany and the US with a massive €750 million impairment charge in its FY 2019.
December 5, 2019
UK player adds to zero-subsidy momentum in Southern European state as it takes Shell- and EGO-backed 70MW pipeline to the finish line on Sardinia island.
December 5, 2019
Trillions-worth giant lays out new opportunity areas for its third investment vehicle for global renewables, which has taken just months to raise US$1bn of a US$2.5bn final target.
December 4, 2019
PV Evolution Labs (PVEL), Lloyd's of London syndicate Ariel Re (a member of Argo Group), and Beecher Carlson Insurance Services, LLC have launched PV PlantProtect. This is the first-of-its-kind risk mitigation and insurance program using technical due diligence best practices to improve solar project economics for developers.
December 4, 2019
Endesa subsidiary will invest €60m to build portfolio across Spanish archipelago after reaping support at territory’s 326MW-plus first solar tender in mid-October, backed with EU funds.
December 4, 2019
Extending deadlines for auction-backed projects would help developers struggling to line up financing after months of political swings and economic adversity, says trade body CADER
December 3, 2019
‘Solar Module Super League’ (SMSL) member LONGi Solar has signed a framework sales agreement with India's Adani Green Energy to supply up to 1,200MW of its high-performance p-Type monocrystalline modules through 2020.
December 3, 2019
Ireland will provide funding of €8.8 million for the construction of a 7.5MW solar plant in Gaza used to treat contaminated water, with help during implementation from France.
December 3, 2019
Controversial Brazilian president vetoes bill containing dispensation for PV cells as appetite mounts among foreign solar manufacturers to supply market undergoing solar transformation.
December 3, 2019
Federal judge said to have paralysed move by AMLO government to extend clean energy certificates to existing hydro and nuclear plants, which critics said would ruin PV and wind project economics.

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