New solar array at Brooklyn Navy Yard is one of the largest in the city, and jump-starts New York's mission to hit new targets of 1,000MW of solar capacity by 2030.
The two renewable energy yieldco subsidiaries of Chapter 11 bankrupt firm, SunEdison are seeking over US$3 billion from their parent company over damages and sought settlement via discussions before heading to the courts.
New York City expands its target for solar power capacity, and sets new goal for energy storage, as mayor Bill de Blasio claims capacity from renewables has quadrupled on his watch.
Struggling flexible CIGS thin-film consumer product producer Ascent Solar Technologies expects to raise US$1.12 million in a US$1.35 million Series J 10% Convertible Preferred Stock placement with an unidentified investor.
The results of Mexico’s second long-term power auction, following a much awaited energy liberalisation, reveal ‘highly competitive’ rates, according to state power regulator and grid operator CENACE.
In this week's segment, PV Tech reports on energy storage in Australia, acquisitions in India, and policy-makers in the US, in a round-up of the most dynamic employment stories over the last fortnight.
Microinverter producer Enphase Energy said it was restructuring due to the competitive environment with the loss of approximately 11% of its global workforce and the elimination certain non-core but unspecified projects.
Polysilicon producer REC Silicon is cutting production at its Moses Lake facility by around 50% from the beginning of October due to overcapacity in the solar supply chain.