Retroactive scrapping of feed-in tariffs in the early 2010s lands Madrid in major defeat against developer NextEra, which sought arbitration over project losses.
Country fails to dismiss case brought by bankrupt developer over losses from FiT changes, joins Spain among EU states risking multi-million payouts for policy u-turns.
Firm breaks ground on 148MW plant in former Soviet state, links second 65MW bifacial unit at Benban complex and signs deal for 33MW farm by river Niger.
CEO Michael Yurkovich walks PV Tech through the factors that will hasten or hinder subsidy-free success in the former Soviet republic, seen as a market-to-watch.