Retroactive scrapping of feed-in tariffs in the early 2010s lands Madrid in major defeat against developer NextEra, which sought arbitration over project losses.
Country fails to dismiss case brought by bankrupt developer over losses from FiT changes, joins Spain among EU states risking multi-million payouts for policy u-turns.
Latest trade challenge will hurt Indian solar exports but local content mandates could offer major sales opportunities within India, manufacturer and analyst tell PV Tech.
Firm breaks ground on 148MW plant in former Soviet state, links second 65MW bifacial unit at Benban complex and signs deal for 33MW farm by river Niger.
