Bankrupt renewables firm SunEdison has finally got the green light to proceed with the US$150 million sale of its FBR (Fluidised Bed Reactor) technology polysilicon assets to GCL-Poly Energy Holding after a deal was struck with company spinoff SunEdison Semiconductor.
Scatec Solar announced on Dec. 29 that it has completed the sale of its 104MW Utah Red Hills solar power plant to MIC Renewable Energy Holdings — owned by Macquarie Infrastructure Corporation.
Mexico's SENER forecasts massive solar growth, with a 20-fold increase totalling 5.4GW by the end of 2019. In Spain, the long-anticipated renewable energy auction is given a confirmation for the first quarter of this year. Over in Chile, solar energy is being used to power the Santiago metro, through SunPower's El Pelícano project.
Ohio governor John Kasich has stuck to his guns and vetoed a bill that sought to make compliance for investor-owned utilities (IOUs) with the state’s energy standards voluntary, as opposed to mandatory, for a further two years.
The Solar Energy Industries Association (SEIA) has formerly partnered with the Solar Energy Finance Association (SEFA) to lower the cost of capital in the industry and form a single voice for organising stakeholders including developers, investors and lenders.
If Trump goes ahead with his threat to scrap the Clean Power Plan, legal action will ensue, according to 15 state attorney generals who penned a letter to the President-elect.
Hawaiian Electric Companies (HECO) are planning to hit the Islands' goal for 100% renewables by 2045 five years ahead of schedule under a new Power Supply Improvement Plan (PSIP).
Spruce Finance, a provider of consumer financing for residential solar and home efficiency improvements, has closed a US$105.4 million round of debt financing with Investec and Silicon Valley Bank (SVB) as the lead arrangers.