The Asian Development Bank (ADB) has approved a US$175 million loan to India’s major network operator and utility Power Grid Corporation of India (Powergrid) relating to solar park transmission.
PEG Africa is a pioneering pay-as-you-go (PAYG) solar company focused on West Africa. Co-founder and CEO Hugh Whalan stopped by PV Tech to discuss why this business model is filling gaps in Africa's off-grid solar market, and how it has potential to evolve into meeting needs of consumers beyond electricity access.
Updated: US-based high-efficiency module manufacturer Suniva, majority owned by Chinese diversified renewables firm Shunfeng International Clean Energy (SFCE) is to carry out a number of unspecified job cuts across its operations, according to a company statement.
Major flat panel display manufacturer AU Optronics Corp reported a significant reduction in its solar business unit’s losses in 2016, after receiving a US$170.1 million cash payout from SunPower to exit its joint venture (JV) manufacturing operations in Malaysia, last September.
Last month, Maryland achieved a clean energy victory when the legislature voted to override governor Larry Hogan’s veto of the Clean Energy Jobs Act in a 32-13 vote.
PV and polysilicon manufacturing equipment specialist centrotherm photovoltaics reported 2016 revenue at the higher end of previously withdrawn guidance that was pulled on fears of PV manufacturers withdrawing capital expenditure plans when PV demand drastically weakened in China in the second-half of the year.
Dedicated monocrystalline integrated PV module manufacturer SolarWorld believes 2017 is a transitional year for the company after announcing a switch to monocrystalline production at the expense of multicrystalline and a full-migration to PERC (Passivated Emitter Rear Cell) technology as ASP declines in the second-half of 2016 forced a major manufacturing rethink.
President Donald Trump’s executive order that promotes ‘Energy Independence’ and targets Obama’s Clean Power Plan went down a treat with fossil fuel interests, who praised Trump for making good on his promise to preserve coal jobs and avoid “regulatory burdens”. However, environmentalists took a different interpretation; viewing the order as a KO of the previous administration’s entire climate action legacy. Clean energy advocates stood somewhere in the middle, concluding that little will change in the long run.
Financial services group FlexiGroup, whose subsidiary Certegy Ezi-Pay finances rooftop solar, has issued a AU$50 million (US$38 million) climate bond, which has been certified by the global Climate Bonds Initiative (CBI).
President Trump’s long anticipated executive order advising the Environmental Protection Agency to withdraw parts of the Clean Power Plan (CPP) has left clean energy advocates unabashed, despite critics viewing the order as a total wipe out of Obama’s climate action legacy.
