Japanese firm says divestment was 'strategic asset recycling' and that 'strengthening of the financial base continues to be one of [Mitsui & Co’s] key initiatives'.
U-turn by Trump administration may slow bifacial switch by Southeast Asian makers but will not stop technology from capturing utility-scale market by early 2020s, analysts tell PV Tech.
Deal to procure 1.6GW of renewables worldwide will see Silicon Valley giant purchase 720MW of PV in the US, 160MW in Denmark and 125MW from Chilean solar-plus-wind hybrid.
LA mayor hails PPA signing for 400MW / 1,200MWh project offering fixed rates below two US dollar cents per kWh, but some have wondered how the scheme will make money.
Exempting utilities from mandatory procurement under 41-year-old PURPA law risks further harming independent producers and consumers, says PV body as it proposes way forward.
Widely reported allegations of solar panel blaze at e-commerce giant’s California centre come as Tesla and Walmart work to defuse the latter’s separate lawsuit.
High-profile case alleging ‘gross negligence’ on Tesla’s part finds Elon Musk’s outfit in midst of reboot of PV business, weeks after reporting record-low solar roll-out.