Financial & Legal

April 11, 2017
US-based manufacturer Suniva is being sued for allegedly failing to provide sufficient notice to employees made redundant in March at two plants.
April 11, 2017
A bill that will remove much of the financial incentive for residential solar has been passed by the Indiana legislature and now moves onto governor Holcomb for final approval before it becomes law.
April 11, 2017
Spain has made the second of four steps necessary to carry out its 2-3GW renewable energy tender by passing a ministerial order, but the country’s main solar association has taken issue with with what it believes is a blatant favouring of wind energy in what should be a technology neutral auction.
April 11, 2017
South African utility has failed to meet the deadline imposed by the country’s previous minister of energy for the financial close of outstanding PPAs under the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP).
April 10, 2017
Algeria plans to invite bids for 4GW of solar, according to a statement by energy minister Noureddine Boutarfa last week.
April 10, 2017
German PV inverter manufacturer KACO new energy said it expected shipment volumes in 2017 to reach almost 2.5GW after booking 600MW in the first quarter.
April 7, 2017
Bankrupt US solar module start-up Beamreach Solar’s pilot production line in Milpitas, California is being offered for sale by Silicon Valley Disposition (SVD).
April 7, 2017
China-based PV energy provider (PVEP) United Photovoltaics Group said it would be changing its name in response to its direct involvement with the United Nations Development Programme (UNDP) designed to promote both youth engagement and sustainable development and build PV power plant in the shape of a Panda.
April 7, 2017
After several months of lacklustre sales from many key PV manufacturers in Taiwan, indicating an expected boom in China’s downstream PV market had yet to gain momentum, March sales data indicates improving market demand, yet not at the levels seen in the prior year quarter.
April 7, 2017
Despite a significant drop in global renewable energy investment last year, a corresponding rise in renewables deployment spelled encouraging news for the sector, according to a new UN Environment Programme (UNEP) report entitled ‘More Bang for the Buck’.

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