Brazil's energy regulator ANEEL has finalised details of the 2nd Reserve Energy Auction to be held on 16 December this year, with the initial price for solar set at BRL320/MWh (US$94.36).
Ultor, a 50:50 joint venture between Enel Green Power and Fondo Italiano per le Infrastrutture (F2i), has signed an agreement to purchase the 60MW Italian solar portfolio of Etrion Corporation.
The outgoing Obama administration made a push for renewables by passing a regulation by the Interior Department that could boost wind and solar projects built on public lands in California, Arizona, Colorado, Nevada, New Mexico and Utah.
Canada’s Brookfield Asset Management has proposed a takeover of TerraForm Power and TerraForm Global – either by buying out 100% of the company for cash, or purchasing its existing Class A and Class B shares and replacing SunEdison as sponsor.
As part of its goal of utilising 100% of renewable energy by 2025, health-care company Kaiser Permanente celebrated the opening of the Blythe Solar Energy Center in Riverside County, California — which will help Kaiser cut its greenhouse gas emissions by more than 15%.
When renewables-novice and coal champion Donald Trump won the US presidential election yesterday, the global energy industry gawked in horror. Initial review of the Republican billionaire’s energy plans might leave the impression that the progress clean energy sources have achieved so far will be undone. A deeper look into Trump’s energy policy under adviser Kevin Cramer reveals a siege on existing regulation and a roll-back on spending.
PV inverter manufacturer SolarEdge Technologies reported lower third quarter revenue and guided further revenue declines through the end of the year on weak US residential market and continued ASP pressure in the highly competitive inverter market.
Rocky Mountain Power, a utility company under the PacifiCorp umbrella, has proposed a new methodology for calculating net metering fees that would result in a significant price spike for solar customers.
