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.
A hybrid off-grid project from renewables firm Energy Developments Limited’s (EDL) including 4MW wind, 1MW solar and a 1MW/250kWh battery system in South Australia has reached financial close.
A hybrid power plant in Nevada, USA, which combines geothermal, PV and solar thermal power has been inaugurated and become the first of its kind to combine the three generation types.
Embattled renewables firm SunEdison is said to be close to seeking bankruptcy protection, according to one of two subsidiary yieldcos, Terraform Global in an SEC filing.
The government of Sierra Leone has officially launched a 6MW solar project in the capital Freetown after securing financial backing from the International Renewable Energy Agency (IRENA) and the Abu Dhabi Fund for Development (ADFD).
