Indian prime minister and French president Francois Hollande will jointly launch the International Solar Alliance (ISA) at the COP21 climate conference in Paris today.
The Inter-American Development Bank (IDB) has approved US$450 million of financing to initiate an Energy Efficiency Green Bond Facility in the Latin America region.
The Latin America region saw 181MW of utility-scale solar PV come online in Q3 2015, down 50% from the historic 363MW of installations in Q2, but still helping the market's ability to strengthen growth and move towards maturity in 2016, according to GTM Research’s ‘Latin America Q3 Playbook’.
Brazil’s energy regulator the National Electric Energy Agency (ANEEL) has approved an “historic” revision of the country’s net metering scheme for small-scale renewable energy systems, making it amongst the most forward-thinking countries in this sector, according to Rodrigo Sauaia, the director of Brazil’s solar industry association, Absolar.
Independent PV power producer Sky Solar Holdings has reported relatively flat third-quarter revenue as it remained conservative in its capital allocation for building PV projects, while continuing to focus on completing projects in Japan, due to its financing partnerships in the country.
Struggling ‘Silicon Module Super League’ member Yingli Green Energy has missed shipment guidance for the third quarter and will take a non-cash impairment charge of US$581.3 million on long-lived manufacturing assets, due to lower utilisation rates.
India-based module manufacturer HHV Solar Technologies, a wholly-owned subsidiary of renewable energy firm Swelect Energy, has ramped up its crystalline solar PV manufacturing line in Dabaspet, Bangalore, from 40MW to 100MW.
SolarCity’s chief operating officer Tanguy Serra has been promoted to the newly created role of president, while the company’s chief financial officer Brad Buss has announced his retirement.
Global technology leader Google and renewable energy developer Duke Energy Carolinas are teaming up to develop a 61MW PV project in North Carolina that is set to help account for a portion of the power demand for Google’s new data centre in Lenoir.
