Canadian solar manufacturers will suffer “immediate, severe, and irreversible injuries” as a result of the new US safeguard measures, according to a lawsuit they have filed against the Trump administration.
Singapore has joined the pile of countries going to the World Trade Organisation (WTO) to demand a consultation with the US over its 30% solar import tariffs, according to a WTO filing from Friday 9 February.
Specialist PV manufacturing equipment supplier Amtech Systems has continued to benefit from a major solar orders placed with the company in 2017 that are continuing conversion to revenue in its fiscal first quarter of 2018.
Tesla reported another major decline in its residential solar installations for the fourth quarter of 2017, while a supply shortage in its energy storage system ‘Powerwall’ has created a customer backlog of solar and storage installs of more than one year.
A fund of Global Infrastructure Partners (GIP) is to acquire NRG Energy, Inc.’s US renewable energy platform businesses and its stake in NRG Yield, Inc. (NYLD) for US$1.375 billion in cash.
Asset management firm Capital Dynamics, which has just acquired the First Solar and SunPower solar yieldco firm, 8point3 Energy Partners is to own and operate a planned 1GW PV power plant in Nevada, which includes technology infrastructure firm Switch as a major customer for the renewable energy and is based in the state.
Acciona Energía has started construction on a 404MW solar project in the Mexican state of Sonora, which has been developed in a 50:50 joint venture with Tuto Energy.
China has requested consultations with the US over its decision to apply a safeguard measure on imports of crystalline silicon photovoltaic cells, according to a WTO filing from Tuesday 6 February.
First Solar and SunPower have agreed to sell their Joint Venture solar power plant yieldco, 8point3 Energy Partners, to energy investment firm Capital Dynamics, Inc., for US$977 million in equity value and about US$1.7 billion in enterprise value in an all cash transaction.
