Markets & Finance

South Africa’s government has confirmed that successful bidders under the fourth round of its renewable energy programme will not be announced until the New Year.

The Chinese Ministry of Commerce (Mofcom) has urged the US to consider alternative solutions to its ongoing solar trade dispute following the final determination of trade duties yesterday.

The US department of commerce makes final ruling in China solar trade case giving some firms rates of 165%.

Québec-based power producer, Boralex has made an offer to acquire Enel Green Power’s French subsidiary.

The Australian government’s renewable energy division will trial the capabilities of on-grid energy storage to maximise the value of rooftop solar, announcing yesterday that it will provide funding for a trial by energy storage specialist Reposit Power.

Juwi has secured a new €300 million (US$377 million) finance package, clearing a key hurdle for its proposed takeover by MVV Energie.

A Chinese billionaire and one of the countries’ leading sportswear brands have invested US$140 million in project developer, SPI Solar.

A late surge in deployment in China will see the Asia-Pacific region top the 10GW mark inside one quarter for the first time, according to research by Solarbuzz.

Global solar developer, SunEdison, has closed a US$146 million debt facility to build 81.7MW of solar in the Central American country, Honduras.

Taiwanese PV analyst EnergyTrend has estimated 2014 PV demand will reach 44GW with Japan and the US making up for a lower than expected figure in China.