Financial & Legal

April 12, 2017
Spain’s Ministry of Energy, Tourism and Digital Agenda has announced that the country’s 2-3GW renewable energy auction will take place on 17 May, following the approval of the final two Resolutions to carry out the tender.
April 12, 2017
Global clean energy investment in the first quarter of 2017 was down 17% compared to Q1 2016, as market leaders China and the US scaled back support for wind and solar farms.
April 12, 2017
The Americas subsidiary of Solar Frontier has completed the sale of its 40MW Midway II solar plant to a subsidiary of Dominion Energy for an undisclosed sum.
April 12, 2017
Indian solar tariffs reached yet another new low yesterday with the Indian arm of French clean energy firm Solairedirect winning 250MW(ac) of capacity in Andhra Pradesh with a record bid of INR 3.15/kWh (US$0.0494).
April 12, 2017
Amaranto has launched an investment vehicle dedicated to acquiring PV projects in India and has secured exclusive rights to purchase a 110MW solar project in the West of the country for around US$80 million.
April 11, 2017
Solarcentury has cemented its international expansion by acquiring a 400MW pipeline in Latin America.
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).

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