China-based PV energy provider (PVEP) United Photovoltaics Group has transferred its deal with Hareon Solar to build 930MW of PV power plants to third parties in exchange for recouping its initial deposit and interest and expenses, while dropping its case in an arbitration court.
Spain’s Court of Arbitration has ruled against two companies who filed a lawsuit against the Kingdom of Spain over reforms to the PV sector made in 2010, according to a statement from the Spanish Ministry of Industry.
UN secretary-general Ban Ki-moon has told a meeting of investors representing US$22 trillion in assets that they must double their investment in clean energy.
Solar Frontier believes it could make some of Japan’s as-yet-unbuilt utility-scale solar projects economically viable, as the company’s partnership with Goldman Sachs-affiliate Japan Renewable Energy prepares to take on 300MW of projects within the next five years.
2015 was a landmark year for the Indian solar industry, with the 100GW by 2022 target approved and a significant ramp up of deployment. Bridge to India's Jyoti Gulia discusses the challenges ahead regarding project delays, transmission infrastructure and financing.
Dutch specialist sun simulator equipment provider Eternal Sun has purchased the PV volume production equipment sun simulator business unit of struggling US-based Spire Corp for US$1.5 million.
Developers in Japan with large-scale PV projects in the pipeline have been given just over a year to prove their projects will go ahead, or will lose their feed-in tariff (FiT).
Troubled renewables firm SunEdison has continued to come under pressure from hostile investors to change some of its business strategies, remove certain executives and force a sale of the business, as well as further class action law suits being filed against the company.
France has pledged a €300 million contribution to the International Solar Alliance, the climate change-driven initiative to promote solar, backed by more than 120 countries.
Two Spanish parties have presented non-legislative proposals to repeal some of the most harming aspects of the Royal Decree against self-consumption of solar energy in Spain.
