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.
Developers of the majority of projects awarded in Brazil’s first solar-only tender round in 2014 have submitted a request to the regulator to delay construction by two years, according to a report.
The World Bank Group unveiled an ambitious new plan to aid developing countries fulfil their COP21 pledges by adding 30GW of renewable energy – doubling its current contributions to global energy capacity.
PV inverter manufacturer SMA Solar Technology has made a US$20 million investment in module-level power electronics (MLPE) firm, Tigo Energy for a 27% stake in the company.
