Record installations expected in 2016 will put the US within a stone’s throw of challenging China’s position as the world number one solar market this year.
China is planning to create a ‘green certificates’ market to promote renewable energy and reduce its use of fossil fuel-based power, under proposals from the country's National Energy Administration (NEA),
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.
Italy’s largest utility, Enel S.p.A., has signed off on a non-binding framework agreement with Bank of China and the China Export & Credit Insurance Corporation (SINOSURE) to promote the development by Enel’s companies — especially Enel Green Power — of projects across the world, with the added help of Chinese EPC contractors and/or suppliers.
China-based PV energy provider United Photovoltaics Group is taking PV manufacturer and PV project developer Hareon Solar Technology to the China International Economic and Trade Arbitration Commission over failure to supply a total of 930MW of PV power plants under a previous agreement.