Australia's National Energy Guarantee (NEG), which has been waived through for a final decision in August, would significantly harm the country's large-scale renewables pipeline, with just 1.5GW expected to be completed by 2025 despite the current 16GW pipeline, according to the head of the country’s solar and storage council.
Perovskite solar cell developer Oxford Photovoltaics (PV) has undertaken a new funding round, led by key investors, Statoil and Legal & General Capital.
Leading PV manufacturing equipment supplier Meyer Burger said it would appeal an initial judgment made in a Chinese court that dismissed its patent infringement lawsuit against Wuxi Shangji Automation Co over its Diamond Wire Management System (DWMS).
San Francisco-headquartered financial services provider Wells Fargo & Company has said it will provide more than US$100 billion in financing to clean technology and renewable energy transactions by 2030.
India’s Ministry of New and Renewable Energy (MNRE) has reminded implementing agencies of rooftop solar projects under the capital subsidy scheme that they must go through a transparent bidding process to discover tariffs or the project will no longer be eligible for subsidies.
The 50:50 JV named ‘EverSource Capital’ will manage an initial fund named the Green Growth Equity Fund (GGEF), which has the backing of the India and UK governments.
So technically, subject to approvals, California-headquartered SunPower Corp has acquired Hillsboro, Oregon-based PV manufacturer, SolarWorld Americas, yet typically there are many known unknowns regarding the acquisition.
French power giant Total has signed an agreement with the controlling shareholders of another France-based power firm Direct Energie to acquire a 74.33% stake in the company for roughly €1.4 billion.
Australia-based perovskite solar cell developer GreatCell Solar, formerly Dyesol has recently secured European Union (EU) funding of €500,000 (approximately A$800K) through the Horizon 2020 project.
