Leading thin-film producer First Solar is planning a major revamp of its next-generation CdTe modules by introducing a new suite of production lines capable of producing large-area (1.2m x 1.8m) ‘Series 6’ modules with 400W output and significantly lower production costs currently achievable with its smaller form factor modules.
A US judge has approved fines and ordered BP to pay compensation for a long list of charges relating to the Deepwater Horizon oil spill of six years ago, amounting to US$18 billion.
TerraForm Global has sued its struggling parent company, SunEdison, accusing it of misappropriating funding meant for completing and transferring renewable energy projects in both India and Uruguay.
SolarCity’s request that its Silevo modules be excluded from the scope of the US trade case against Chinese products has been rejected in a preliminary ruling made on Monday.
Yingli Solar has settled its anti-trust lawsuit with Solyndra for US$7.5 million with the possibility of further payments, dependent on its US shipment levels.
8point3 Energy Partners, the yieldco company formed by SunPower and First Solar, has signed agreements to acquire interest in the 50MW Hooper Project from SunPower and the 40MW Kingbird Project from First Solar.
Kenya’s Rural Electrification Authority (REA) has approved the construction of a 55MW solar power plant in the East Kenyan County of Garissa, requiring an investment of KES12.8 million (US$126 million).
Azure Power Global has filed an amended F-1 form with the US Securities and Exchange Commission (SEC) for its impending US IPO, with plans to raise around US$100 million.
By any ‘normal’ metrics, PV thin-film equipment and module producer Hanergy Thin Film Power Group (Hanergy TF) remains in a dire financial position after reporting a non-cash loss of around US$1.58 billion in 2015 and its biggest customer and parent company, Hanergy Holdings and its affiliates failed to make due payments of around US$680 million.
Embattled renewables firm SunEdison has disclosed that it has received a subpoena from the U.S. Department of Justice (DOJ) regarding the failed acquisition of Vivint Solar and related actions associated with its two yieldco subsidiaries.
