Owners of PV firm could spend decades in prison after still-ongoing criminal case found investors including Warren Buffett’s Berkshire were ‘duped’ of US$1bn to fund ‘lavish’ lifestyle.
Deal to sell 74% stake to Mumbai-based financial services group Edelweiss will pave way for ‘partnership’ where Engie will continue running solar assets on buyer’s behalf.
Oil major’s deal with ACS Group to amass massive pipeline in Spain marks the latest boost for the country, said by regulators to have nearly doubled PV capacity in a single year.
Middle Eastern state starts taking in applications for PV scheme that may include storage element, with tender documents suggesting bidders could have to prove storage expertise.
State’s energy commission waves through roadmap by utility SMUD to install 1.5GW of utility-scale solar, 600MW of rooftop PV and 560MW of utility-scale energy storage by 2040.
Balkan state says it is examining potential areas for solar to be rolled out in after launching EBRD-backed auction to contract utility-scale project near the coast.
China-based integrated PV manufacturer, EGing Photovoltaic is planning major manufacturing upgrades and production relocation to return to competitiveness after guiding a full-year 2019 net profit loss.
Mexican solar said to have boomed to cumulative 5GW in 2019 despite rows with the government, while street protest-ridden Chile thought to have hit renewable target five years in advance.
400MW solar plant features 300MW/1,200MWh battery storage system and marks the fourth solar collaboration between the Swiss asset manager and the Californian IPP.
