TerraForm Global has sued its struggling parent company, SunEdison, accusing it of misappropriating funding meant for completing and transferring renewable energy projects in both India and Uruguay.
The Indian state of Haryana recently launched a new solar power policy. Jyoti Gulia, senior manager, market intelligence, at Bridge to India, discusses the details of the new policy and targets.
Chile’s National Center for Innovation and Development of Sustainable Energy (CIEDs) has launched a solar calculator to help consumers estimate potential cost savings from installing a solar PV system or solar thermal unit.
8point3 Energy Partners, the yieldco company formed by SunPower and First Solar, has signed agreements to acquire interest in the 50MW Hooper Project from SunPower and the 40MW Kingbird Project from First Solar.
Kenya’s Rural Electrification Authority (REA) has approved the construction of a 55MW solar power plant in the East Kenyan County of Garissa, requiring an investment of KES12.8 million (US$126 million).
The results of Mexico’s first, long-term energy power auction have been revised due to an error in the computer algorithm used to generate the initial results earlier this week
The UK’s PV industry has just been through its latest annual rush to complete utility-scale solar farm projects and connect them to the grid before the deadline closed for their accredited level of financial support.
Germany installed just over 50MWp of new PV in February, marking the lowest tally since the federal registry opened and sparking fears the government could fail to hit its own targets for the third year running.
By any ‘normal’ metrics, PV thin-film equipment and module producer Hanergy Thin Film Power Group (Hanergy TF) remains in a dire financial position after reporting a non-cash loss of around US$1.58 billion in 2015 and its biggest customer and parent company, Hanergy Holdings and its affiliates failed to make due payments of around US$680 million.
Embattled renewables firm SunEdison has disclosed that it has received a subpoena from the U.S. Department of Justice (DOJ) regarding the failed acquisition of Vivint Solar and related actions associated with its two yieldco subsidiaries.
