Americas

Lazard, the financial advisory that advised SolarCity on its US$2.6 billion all-stock sale to Tesla, made an error in its analysis resulting in the solar installer being undervalued by US$400 million, according to a regulatory filing with the Securities and Exchange Commission (SEC).

On Monday, a ruling by Nevada Public Utilities Commission (PUC) chairman and presiding officer Paul A Thomsen barred SolarCity from intervening in upcoming proceedings concerning the grandfathering of more than 20,000 rooftop solar customers.

Brazil’s Ministry of Mines and Energy (MME) has released new guidelines for transmission, which will come into play in time for the wind and solar projects to be tendered in the second reserve energy auction this December.

Solar associations in Spain and Cuba are partnering to share information and cooperate on trade missions to promote PV in both countries

Struggling former ‘Silicon Module Super League’ (SMSL) Yingli Green Energy is showcasing several niche solar module products at SPI (Solar Power International) on September 12-15 in Las Vegas.

Leading polysilicon and solar wafer producer GCL-Poly Energy Holding has placed a bid of US$150 million for the polysilicon assets of bankrupt renewable energy firm SunEdison via the US bankruptcy court dealing with the Chapter 11 proceedings.

This week's solar movers and shakers featuring salary sacrifice at SolarCity and feats of life-saving at Strata Solar.

Vivint opens up in Florida, India proposes new off-grid tech, Ikea installs Washington's largest rooftop, ET Solar deploys Norway store rooftop.

The job losses announced by SolarCity last week could impact more than 100 employees, according to reports by local paper The Mercury News.

Brazil’s Ministry of Mines and Energy (MME) is proposing to allow solar developers that won projects in the 2014 auction to cancel them with a reduced penalty fee.