US distributed solar supplier Spruce Power has been issued a notice by the New York Stock Exchange (NYSE) informing the company that its stock price has fallen below the necessary benchmark for listing.
Allegations of fraud at Indian conglomerate Adani Group, which have knocked around US$125 billion off its market value since January, are unlikely to cause any perceptible damage to India’s long-term solar growth, according to two prominent members of the industry.
German-headquartered solar developer Enerparc has sold 193MW worth of its Australian solar PV assets to Ingka Group, the owner of furniture retailer IKEA.
Tesla’s Solar Roof technology has fallen short of the company’s deployment targets by some distance, according to a new report from energy analysts Wood Mackenzie.