Doubt has been cast on the International Finance Corporation’s (IFC) ‘Scaling Solar’ programme after a panel of investors revealed it could be fostering a race to the bottom for unrealistic tariffs, diverting focus from essential bankability.
Maryland has officially achieved a clean energy victory as the General Assembly voted yesterday to override governor Larry Hogan’s veto of the Clean Energy Jobs Act in a 32-13 vote.
In this week's Movers & Shakers, PV Tech reports mostly on good news, with new appointments in sales, public policy, asset management and business development. However, Texas' Mission Solar Energy has announced its second wave of big job cuts - this time slashing 170 jobs as the company realigns its objectives to purely module assembly.
The Maine Public Utilities Commission (PUC) approved on Tuesday new rules for incentives for residential solar customers, namely, by phasing out net metering over the next 15 years.
US-based PV module manufacturer Mission Solar is to cut its existing workforce by a further 58% after closing its solar cell production lines at its facilities in San Antonio, Texas in October 2016.
This week's segment mainly focuses on career moves in the US - featuring some of the nation's biggest energy players, including SunPower, NEXTracker and the SEIA. There is also news from key energy agencies including the IEA, FERC and the New York PSC.
Li Hejun majority shareholder in PV thin-film equipment and module producer Hanergy Thin Film Power Group (Hanergy TF), via parent company Hanergy Holding Group is set to be banned from being a director, directly or indirectly in the any corporation for a certain period in Hong Kong.
Former Texas governor Rick Perry, secretary of energy nominee to head the very department he suggested should be scrapped, said in his Senate confirmation hearing yesterday that he regretted making that recommendation.
As Donald Trump officially becomes the 45th president of the United States today, the solar industry remains quietly confident that any momentum gained so far will continue, even under the fossil-fuel promoting, climate change-denying Republican.
