Americas

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.

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.

‘Silicon Module Super League’ (SMSL) member Canadian Solar has revised upwards shipments and revenue guidance for the full-year 2015.

‘Silicon Module Super League’ (SMSL) member JA Solar has placed an order with module assembly equipment specialist Suzhou Horad New Energy Equipment Co for a 300MW turnkey module assembly line destined for an as-yet unannounced facility in Brazil.