In a 2-0 ruling, the Hawaii Public Utilities Commission (PUC) rejected NextEra Energy’s US$4.3 billion bid to purchase Hawaii’s largest utility, Hawaiian Electric Industries (HECO), after finding it was not in the public interest.
Leading polysilicon and wafer producer GCL-Poly Energy Holdings has signed a new supply contract with sister PV module manufacturing company, GCL System Integration totalling 110,000,000 wafers through the second-half of 2016.
JinkoSolar US, a subsidiary of ‘Silicon Module Super League’ (SMSL) member JinkoSolar, has increased its credit limit with Wells Fargo Capital Finance, a division of Wells Fargo Bank, to US$60 million from US$40 million with a three year term.
The solar segment is not short of new hires and comings and goings, with solar industry stakeholders responding to the shifts in a dynamic global market. In our inaugural Movers & Shakers segment, PV Tech attempts to bring the industry back to its roots and rounds up key career moves of the last fortnight.
In response to financial and environmental concerns, House Republicans reviewed a key tenet of Obama’s energy legislation, specifically the perceived lavish subsidies set aside for utility-scale solar power plants.
A significant decline in the cost of PV modules and project construction, as well as a shift from small-scale projects to cheaper capex utility-scale projects, is a main driver for an clean energy investment slowdown in 2016, says Bloomberg News Energy Finance (BNEF).
Array Technologies (ATI), one of the world's largest solar tracker manufacturers, has officially surpassed 5.6GW of trackers shipped globally. The company is also celebrating 11,000MW years of tracker operation.
India will soon unveil a solar PV manufacturing policy with manufacturers expected to be able to receive Viability Gap Funding (VGF) support via a bidding process, according to an industry consultant.
