Energy developer Latin America Power (LAP) has filed a suit in a New York court to secure US$150 million in project assets from SunEdison, after the planned purchase of LAP fell through due to SunEdison’s financial woes, according to reports.
Rajnesh Trivedi, senior director, sustainable investment banking at Yes Bank India, discusses how Green Bonds can alleviate the major obstacles of financing for renewables in the subcontinent.
Energy storage is to be included in India’s state-run solar energy tenders for the first time under plans to help smoother integration of renewables into the grid.
PV module assembly equipment supplier Valoe Corporation has secured its long awaited first order for an automated turnkey back contact module assembly line from an unidentified customer in Ethiopia for €15.8 million.
Ontario-based semiconductor manufacturer Solantro Semiconductor is partnering with tracker company Smarttrak to help with remote management of PV trackers in India.
The US Supreme Court has granted a stay that pauses the implementation of the Environmental Protection Agency’s (EPA) Clean Power Plan, which aims to spur investment in renewable energy.
Japan’s renewable energy laws are likely to result in the introduction of an auction process for large-scale solar, with the Ministry of Economy, Trade and Industry (METI) confirming that it has put a plan for approval before the cabinet.
The Latin American solar market is expected to double to 2.3GW in 2016, up from 1.3GW last year, but it remains in its early stages having been held back by key markets in Brazil and Mexico, according to the latest figures from analyst firm GTM Research.
Germany-based inverter manufacturer SMA Solar Technology is setting up a subsidiary in Brazil, which will provide residential, commercial and utility-scale solar solutions as well as other services in the Latin American country.
Australia’s residential solar market could be in a state of permanent decline given that market penetration is already very high and the county’s Feed-in-Tariff (FiT) subsidy may come to an end this year, according to the latest analysis from Australia-based solar consultancy SunWiz.
