Subject to regulatory risks and financing issues, the potential for solar deployment in Sub Saharan Africa is exponential, with the rooftop sector set to explode, according to Solarcentury’s Daniel Davies and other panel experts at this year’s Solar Energy UK | Clean Energy Live show.
Independent power producer sPower said it had secured a tax equity investment and syndicated construction and term loan facility totalling US$786 million to build 9 solar projects in Lancaster, California with a capacity of 339MW.
Credit ratings firm Fitch has praised Argentina’s RenovAR program for solar and wind utility-scale project plans, due to its structure that addresses legal and off-take risks.
TerraSmart has developed its TF2 fixed-tilt ground-mount racking system that is claimed to offer faster installation times with 66% less hardware than TerraSmart's previous racking system.
Solar PV developer 8minutenergy Renewables said it had started operations in Texas to develop and acquire over 2GW of utility-scale PV power plant projects in the state.
Industrial technology firm ABB is restructuring its multiple market divisions into four core divisions with its solar energy offerings including PV inverters joining its Electrification Products segment from its existing Discrete Automation and Motion (DM) division.
Renewables firm SunEdison currently in Chapter 11 bankruptcy proceedings confirmed in a statement that it was in talks with its two publically listed yieldco subsidiaries to sell its ownership interest and other rights in the yieldcos.
There is a need for a pan-European investor-state dispute settlement mechanism, to give the solar industry a unified legal body to help it fight retroactive cuts and other policy U-turns across the continent, according to a European trade group.
