Americas

According to a new Fitch Ratings report, fixed-price power purchase agreements and public incentives have proven to help shield renewable energy from pricing risk.

PV industry leader JinkoSolar announced that its wholly owned subsidiary, JinkoSolar (U.S.) Inc., will begin providing residential PV financing to consumers through the GreenSky programme in the US.

The “extraordinary amount” of money Germany has spent transitioning away from fossil fuels and nuclear is looking increasingly like an investment in the country’s future competitiveness, according to the chief economist of the US Underwriters’ Laboratory.

PV integrator Phoenix Solar is to build a 65MW project in the US state of Nevada for developer Invenergy.

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.

Struggling renewables firm SunEdison is making drastic changes to its upstream manufacturing operations as its financial position remains precarious.

Major photovoltaics energy provider, SunPower, has reported another year of flat revenue, primarily due to manufacturing capacity constraints.

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.