Former major PV equipment provider, GT Advanced Technologies (GTAT) has successfully emerged from chapter 11 bankruptcy in the District of New Hampshire, US after seeking protection in October, 2014.
Puerto Rico’s financially troubled electric power authority PREPA will install a large-scale battery park at a 10MW PV farm, to help integrate the farm’s output and other renewables.
PV manufacturing capacity expansions planned this year are expected to push production levels beyond anticipated demand in 2016, creating further cost pressures for suppliers.
National renewable energy targets from nearly 200 United Nations member states will be assessed at the UN Environment Assembly (UNEA) in May as part of the Paris Agreement on climate action.
SolarWorld has attributed a “low” probability to a negative outcome in its ongoing lawsuit with Hemlock Semiconductor in its 2015 annual report. Its release comes one day after Hemlock filed for summary judgement in the case.
The government of Argentinian province La Rioja has signed a letter of intent with German firm Photovoltaic Park to develop three solar parks with a combined capacity of 700MW in separate parts of the province costing US$1.4 billion overall.
Chile's cumulative installed PV capacity reached 1,056MW at the end of February this year, up 43MW from the previous month, according to the latest figures from Chilean renewable energy research institute (CIFES).