As the news sinks in about the newly-elected US president Donald Trump, who shocked the world by narrowly beating Democratic challenger Hillary Clinton, industry stakeholders are taking stock.
US-based residential and small commercial PV installer RGS Energy reported a major decline in third quarter 2016 installations and revenue as capital issues continued to seriously hamper operations.
The Latin America region had installed 1.8GW of solar PV by the end of the third quarter this year, already up 400MW from 1.4GW in 2015, according to GTM Research’s Latin America PV Playbook for Q3 2016.
Yesterday, Florida voters succeeded in defeating the controversial Amendment 1 that would have prohibited third-party ownership of residential solar PV systems.
In a shock victory that took the world by surprise, Donald Trump was elected 45th president of the United States, leaving uncertainty to loom large over the US energy industry.
UGE International, a renewable energy firm specialising in the C&I space, has partnered with Export Development Canada (EDC) to create a construction finance facility for the funding of international solar projects.
Neo Solar creates a new IPP for PV projects, Vivint Solar secures US$200m in tax equity, OneRoof closes new fund, and Mexico to small-medium-scale residential solar t by 71%.
PV power plant system integrator Phoenix Solar said that delays to building power plant projects in the US and Turkey would result in lower than expected full-year 2016 revenue and profits.
China-based integrated PV manufacturer ReneSola has been warned by the New York Stock Exchange (NYSE) that it is at threat of being de-listed, due to non-compliance with the US$1.00 minimum share price rule.
