Markets & Finance

US Residential solar PV installer SolarCity has stopped operating in the US state of Nevada after the Nevada Public Utilities Commission (PUC) approved a plan that will restrict net metering credits and boost charges against solar users in the state.

The EC's latest trade duties on solar imports could leave European solar companies with a potentially large bill to pay.

Martifer Solar, a subsidiary of Martifer SGPS, announced that it has added seven new ground-mounted PV plants for a total of 31MW as part of new third-party O&M contracts in its Spanish portfolio.

Quercus Assets Selection, an investment company focusing on renewable energy, and Swiss Life Asset Managers, have acquired Antin Solar Investments (ASI) along with its 77.1MW solar PV portfolio in Italy through a competitive bidding process.

PV manufacturing equipment specialist Singulus is to supply one of its PV cell production lines to an Indian manufacturer.

Renewable energy firm SolarCity was responsible for 34% of residential solar PV installations in the first three quarters of 2015, according to GTM Research’s ‘US PV Leaderboard: Q4 2015’.

The Nevada Public Utilities Commission (PUC) has approved a plan that will restrict net metering credits and boost charges against solar users.

While news of an amended acquisition deal between SunEdison’s yield co TerraForm Power and Vivint Solar appeared to give SunEdison a hefty boost in the stock market, hedge fund Appaloosa Management is now raising a number of questions about the new agreement.

Li Guangim, the financial controller and an executive director of troubled Chinese manufacturer Hanergy Thin Film Power has resigned from the company.

Taiwan is increasing the amount of solar PV capacity available under its feed-in tariff programme for 2016 from 270MW to 500MW and boosting the level of FiTs available in various parts of the country.