The domestic content requirement (DCR) in India’s flagship solar programme is facing mounting pressure after talks to resolve US opposition to the policy broke down and it was separately branded a “failure”.
The PV inverter market continues to evolve with changing preferences and acceptance of Chinese producers products increasing, according to the latest survey of purchasers from market research firm, IHS.
SunEdison has announced financial close on a 50MW solar plant in Chile, which it claims is Latin America’s largest operational PV plant and also one of the biggest PV projects in the world operating without subsidies.
Market research firm, IHS, has significantly raised its forecast for global PV demand for 2014. Driven by expected demand growth in China and Japan, IHS expects installations to reach 46GW, a 22% increase over 2013.
Portuguese renewable energy developer, EDP Renováveis (EDPR), has secured €30 million (US$41 million) in project finance for 50MW of Romanian PV, despite recent cuts to the county's solar incentives.
US conglomerate General Electric (GE) will invest in the running of Japan’s largest solar power plant, an ¥80 billion (US$777 million) scheduled for completion in 2018, according to reports in Japanese and international media.
A proposed bill that would triple the amount of tax credits available to Iowans that have installed solar panels was passed by a 46-0 vote in the Iowa State Senate.
RGS Energy has made the latest in a series of “strategic acquisitions”, signing an agreement to purchase Hawaiian full service solar energy firm Elemental Energy, which trades under the brand name Sunetric.