The long and painful saga of SunEdison’s fall from grace would seem to be at an end after the renewables firm officially emerged from Chapter 11 bankruptcy on December 29, 2017.
Specialist PV manufacturing equipment supplier Singulus Technologies said that its major CIGS (Copper-Indium-Gallium-Diselenide) thin-film module customer in China, China National Building Materials (CNBM) had secured a minority interest in the company.
Taiwan-based merchant PV manufacturer and downstream project developer Neo Solar Power Corporation (NSP) said a Joint Venture business unit had secured syndicated loans valued at NT$5 billion (US169 million) to build PV power plants totalling 100MW in Taiwan.
London-headquartered investment firm Foresight Group has started construction of an unsubsidised solar project in the municipality of Las Torres de Cotillas, Murcia region, south east of Spain.
The European Investment Bank (EIB) will provide US$150 million to renewable energy company Enel Green Power Perú to build and operate both a wind farm and PV power plant currently under construction within the country.
Ministry of New and Renewable Energy (MNRE) plans INR234.5 billion in financial support for Discoms to drive rooftop solar, The Indian government has taken remedial action on its solar import trouble at ports.
The US could bring back its World Trade Organisation (WTO) dispute with India, after reports suggested the US believes the South Asian country has failed to comply with a 2016 ruling on its solar policies.
The European Investment Bank (EIB) and India-based Yes Bank are supporting Indian solar and wind projects with a new US$400 million co-financing initiative.
