Sungevity's plans for a reverse merger with shell company Easterly Acquisition Corp were scuppered after investors doubted the value of solar following Donald Trump's election. The President-elect has publicly bashed the technology, branding it "so expensive".
Rallying on the steps of the Maryland State House yesterday, clean energy supporters compared governor Hogan’s veto of a bill that would boost renewable energy to the views of the climate sceptic president-elect.
In this week's Movers & Shakers, PV Tech focuses on employment news within German and US energy companies; featuring energy storage, solar cell manufacturing and EPC.
Bankrupt renewables firm SunEdison has finally got the green light to proceed with the US$150 million sale of its FBR (Fluidised Bed Reactor) technology polysilicon assets to GCL-Poly Energy Holding after a deal was struck with company spinoff SunEdison Semiconductor.
Ohio governor John Kasich has stuck to his guns and vetoed a bill that sought to make compliance for investor-owned utilities (IOUs) with the state’s energy standards voluntary, as opposed to mandatory, for a further two years.
The Solar Energy Industries Association (SEIA) has formerly partnered with the Solar Energy Finance Association (SEFA) to lower the cost of capital in the industry and form a single voice for organising stakeholders including developers, investors and lenders.
If Trump goes ahead with his threat to scrap the Clean Power Plan, legal action will ensue, according to 15 state attorney generals who penned a letter to the President-elect.
A 24-state coalition led by West Virginia attorney general Patrick Morrisey and Texas attorney general Ken Paxton has penned a letter asking president-elect Donald Trump to withdraw the Clean Power Plan.
