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.
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.
Hawaiian Electric Companies (HECO) and Texas’ NRG Energy have signed new PPAs to bring online over 100MW of new solar in Oahu, with three utility-scale PV projects.
The US Department of Energy’s (DOE) SunShot has announced a new US$30 million for solar integration projects, as the initiative is in hot water after president Trump indicated plans for its closure.
Independent solar developer 8minutenergy announced Wednesday that it has received approval on a power purchase agreement to develop the 90MW Springbok 3 Solar Farm in Kern County, California.
Massachusetts has introduced major restructuring of its solar energy incentives, with the Department of Energy Resources (DOER) extending the Renewable Energy Credit programme (SREC) further into 2017.
Solar FlexRack, a PV mounting and tracking manufacturer and a division of Northern States Metals, announced Tuesday that its G3-X smart fixed-tilt racking solution has been installed in the largest solar power generation project in Michigan.
President Trump’s administration would be “shooting itself in the foot” if it closed the US department of energy’s Sunshot Initiative, according to the programme’s former director Minh Le.
Yingli Green Energy the eighth largest PV module manufacturer in 2016, according to the latest PV Tech rankings (by shipments), is to supply an unnamed customer in Australia with 13.3MW of its 72-cell 1500V series modules.
