Financial & Legal

July 12, 2017
A lack of clarity around India’s recently enforced Goods and Services Tax (GST) Bill has caused a PV tender delay in the state of Gujarat and prompted the nation’s energy storage alliance to write a letter of appeal to the government.
July 7, 2017
A total of US$35.6 billion was invested in solar energy worldwide in Q2 this year, according to Bloomberg New Energy Finance (BNEF).
July 7, 2017
Major metallization paste producer Heraeus Photovoltaics said it had lost a patent case against Taiwan-based Giga Solar in the Taiwanese Intellectual Property Court but noted it was reviewing the findings before deciding on an appeal.
July 6, 2017
London-headquartered investment firm Foresight Group has acquired the 7.2MW Vale Matanças solar farm in Alcácer do Sal, Portugal, developed by Exus Management Partners.
July 6, 2017
The World Bank’s IFC has invested INR6.67 billion (US$103 million) in L&T Infrastructure Finance Company to help finance solar PV in India.
July 5, 2017
Taiwan-based cell and module producer Neo Solar Power (NSP) said its downstream PV project subsidiary General Energy Solutions (GES) had sold a 14.68MW project in Fukushima, Japan and was the first time a Taiwanese company had completed and sold a utility-scale plant in Japan.
July 5, 2017
Leading polysilicon and solar wafer producer GCL-Poly Energy Holdings has sold a 10% share in its planned 60,000MT polysilicon plant in Xinjiang, China for around US$22 million (RMB 150 million) to monocrystalline wafer producer Tianjin Zhonghuan Semiconductor Co.
July 5, 2017
Piramal Finance, a subsidiary of Indian financier Piramal Enterprises, has sanctioned a INR7 billion (US$108 million) line of credit for Acme Solar.
July 4, 2017
India is reaching out to its renewables R&D contributors to create a roadmap, Dominion has purchased a solar power system in Virginia, TerraForm Power has an extension to regain compliance with its Nasdaq listing.
July 4, 2017
Sandeep Nath, CMO, Shri Shakti Alternative Energy Ltd, an India-based company that offers specialized Solar O&M Solutions and diagnostic services, discusses how to approach acquiring plants from an O&M perspective.

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