Financial & Legal

Major Indian PV developer says this is a 'special one-off case', while one analyst warns of potential escalation in time of trade anxiety.

Firm’s Iberian unsubsidised portfolio hits 116MW mark after signing deal for 10MW PV cluster to supply power to corporate’s steel mills.

Asia becomes major driver of 94GW PV addition worldwide, with other frontrunners including the US, Australia, Germany, Brazil, Egypt and Mexico.

Power market regulator ANEEL confirms compensation rules due for publication in H2 2019 will only affect new connections.

Leading polysilicon and multicrystalline solar wafer producer, GCL-Poly Energy Holdings has reported a loss of RMB 1,011.4 million (US$150.7 million) for its ‘Solar Material Business’ unit in 2018, citing the demand impact from the China 531 New Deal that led to overcapacity and rapidly falling selling prices.

Head of state-owned CFE says ‘new vision’ of Obrador’s government legitimises move against ‘aberration’ of forced purchases in recent years.

Sprng Energy, an India-focused renewable energy arm of London-based investor Actis, has acquired a 194MW operational solar portfolio from Mumbai headquartered conglomerate Shapoorji Pallonji Infrastructure Capital (SP Infra) in order to grow its India PV portfolio.

Firm’s deal to divest US leased assets for US$86.9m comes amid efforts to slim down its structure and reverse years of net losses.

Awarding of 505.2MW from collective bids of 869MW is a positive turn for sector but land restrictions will stifle deployment, says Germany’s BSW Solar.

The LEGO holding company and investment fund KIRKBI has acquired the US arm of solar developer Enerparc.