Renewable energy developer NextEra Energy is set to merge with Hawaii’s main electricity provider, Hawaiian Electric Industries, in a deal worth around US$4.3 billion, it was announced yesterday.
The African Development Bank Group (AfDB) has approved two loans, totaling €176 million (US$216 million) for the second phase of the Ouarzazate solar project in Morocco.
The impact of SolarMax parent company Sputnik Engineering’s insolvency has spread up the supply chain with German firm InTiCa facing a €2.5 million (US$3.1 million) hole in its 2014 figures.
GCL-Poly Energy Holdings, the largest polysilicon and wafer producer in the PV industry has confirmed the sale of its wafer production assets for approximately US$1.3 billion in cash.
Korean conglomerate, LG, has merged its Solar, Lighting and Energy Storage System (ESS) business units into a new ‘Energy Business Center’ in an effort to boost its competitiveness.
A member of Thailand’s National Reform Council is to propose to parliament a new energy law, national energy council and energy policy committee to promote solar energy in Thailand and to avoid social unrest.
