Struggling Swiss solar manufacturer Meyer Burger has announced that its two German subsidiaries, including the owner of its solar cell manufacturing facility in Thalheim, are insolvent.
Singapore-based engineering firm Sembcorp has received a letter of award from Indian public sector power company SJVN for 150MW of solar power and a 300MWh battery energy storage system (BESS).
As European power markets consolidate and become more competitive, the increasing frequency of negative capture prices is challenging the viability of renewable energy projects.