Australia’s Clean Energy Finance Corporation (CEFC) and infrastructure manager Palisade Investment Partners have announced a new strategy to attract investors at an early stage of renewable energy project development.
RES (Renewable Energy Systems) claims the company’s experience with structuring solar, wind and transmission finance deals has made successful financing of large-scale battery projects possible.
The Australian Renewable Energy Agency (ARENA) is providing AU$17 million (US$13 million) funding for nine renewable energy research and development projects looking at energy storage and solar PV among other technologies.
Despite being technically bankrupt, Yingli Green as a NYSE listed company has been in stealth mode over its future viability since reporting third quarter 2015 results at the beginning of December last year.
Industry-watchers, environmental groups and think tanks have commented on news this morning that the biggest coal mining company in the US, Peabody Energy, has filed for Chapter 11 bankruptcy protection, citing downturn in the coal industry as a major factor.
Indian developer Mytrah energy has received a direct loan facility of up to US$175 million from the Asian Development Bank (ADB) to help fund the development of solar and wind projects in Mytrah’s pipeline.
Former integrated PV manufacturer LDK Solar has entered liquidation proceedings in the Cayman Islands, while its mainland China assets undergo restructuring.
India could file trade cases against the US over violation of World Trade Organisation (WTO) norms related to the protection of solar panel producers in various US states, says energy minister.
