Tariffs for utility-scale solar power in India are expected to go below the four rupee (US$0.059) mark next year, which would be a “radical moment” for India’s entire power sector, according to consultancy firm Bridge to India.
A 24-state coalition led by West Virginia attorney general Patrick Morrisey and Texas attorney general Ken Paxton has penned a letter asking president-elect Donald Trump to withdraw the Clean Power Plan.
Brazil’s development bank BNDES and the Inter-American Development Bank (IDB) have approved a US$750 million conditional credit facility for the Brazil’s Sustainable Energy Financing Program.
Renewable energy company Welink has announced a joint venture with Your Housing Group – claimed to be valued at £2.5 billion – which could see the development of 25,000 solar-powered homes using BIPV in the UK each year by 2022.
Beleaguered Spanish renewables firm Abengoa has received US court approval to exit its Chapter 11 bankruptcy, according to court records filed on Wednesday.
Trina Solar’s shareholders have voted by a huge majority to back the company’s plan to pursue privatisation and de-listing from the New York Stock Exchange.
The top 10 states in India have accounted for 90% of the country's solar pipeline and installations, according to a report from Mercom Capital Group. India has installed over 9GW of large-scale solar capacity and boasts a PV pipeline of 14GW as of December 2016, the consultancy said.
The last minute decision to drop Brazil’s only solar and wind auction for 2016 has been “received with perplexity” by the Brazilian PV sector, according to the head of the country’s solar association.
A group of 22 MEPs have called on the European Commission to end the minimum import price (MIP) agreement and the punitive trade duties currently placed on Chinese cells and modules.
Driven by steep cost declines in PV equipment, solar is now almost on a par with wind energy and will soon become the cheapest form of energy in developing nations, according to the Climatescope 2016 report from Bloomberg New Energy Finance (BNEF).
