Financial & Legal

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.

Japanese firm wraps up construction of fourth large-scale project to date in Vietnam, with plans to switch the installation on in next few days.

Dutch financier FMO buys 40% stake of FiT-backed, €35 million Kamianka project, scheduled for commercial launch in Q4 2019.

Solar industry hails changes to motion that would have halted new PV projects on farming and natural land until impacts were fully understood.

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.

Cloud Control, Vance Joy, Midnight Oil back scheme allowing artists to finance 34.55MW farm and others, with plans to sell power to Australia’s grid.

Solar PV to reap 20-35% of investments by vehicle billed as the largest renewable-only funding structure seen to date in Europe.

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.

Country to consult on hybrid potential after Roraima state awards contracts to 56MW and 11MW schemes combining both power sources.