Tech giant Apple has said that solar and energy storage projects will be among the priorities for expenditure under its inaugural green bond, which the company issued earlier in the week to the tune of US$1.5 billion.
Renewable energy was the basis of half of all global power transactions last year with 245 deals adding up to US$68 billion and a particular focus on wind and solar, according to a new report from EY.
Chile’s cumulative installed solar capacity has surpassed 1GW, according to the latest figures from Chilean renewable energy research institute (CIFES).
Brazil’s energy regulator ANEEL has approved a further nine projects from its 1.5GW Reserve Energy Auction held last November, bringing the total of qualified renewable energy projects to 52 out of the 53 awarded.
Turner Renewable Energy, owned by media moghul Ted Turner, will be one of the new owners of a 20MW thin-film PV plant in the US constructed by Solar Frontier Americas.
Recent reports that the US and India are close to reaching an agreement in the trade dispute over India’s local content rules for solar equipment have been refuted by a top US trade official.
Chinese PV panel manufacturer Suntech Power will have to pay US$5 million in order to settle a federal class action lawsuit that accuses the company of withholding lackluster financial news from its shareholders.