The Overseas Private Investment Corporation (OPIC), the US Government’s development finance institution, will provide US$74 million to Indian energy firm ReNew Power Ventures for a 100MW solar farm in the Indian state of Telangana.
New analysis from Deutsche Bank reveals that even if President-elect Trump follows through with all his anti-clean energy promises surrounding the Clean Power Plan, the Paris Agreement and the ITC, all is not lost for the US clean energy industry.
The US and Israel have announced a US$4 million fund for five clean energy projects, including solar PV and CSP, as part of the Binational Industrial Research and Development (BIRD) programme.
Phoenix Solar and Asunim Turkey bring the country's largest solar plant online, SECI opens a tender for small-scale rooftop solar, Brazil regulators investigate the value of distributed generation and I&M brings its fourth solar plant this year online.
The outgoing Obama administration made a push for renewables by passing a regulation by the Interior Department that could boost wind and solar projects built on public lands in California, Arizona, Colorado, Nevada, New Mexico and Utah.
This week's Movers & Shakers features executive board shake-ups; with both new appointments and departures. PV Tech also reports on happenings in Chile's Renewable Energy Association, as the country emerges as a strong clean energy player in Latin America.
Canada’s Brookfield Asset Management has proposed a takeover of TerraForm Power and TerraForm Global – either by buying out 100% of the company for cash, or purchasing its existing Class A and Class B shares and replacing SunEdison as sponsor.
When renewables-novice and coal champion Donald Trump won the US presidential election yesterday, the global energy industry gawked in horror. Initial review of the Republican billionaire’s energy plans might leave the impression that the progress clean energy sources have achieved so far will be undone. A deeper look into Trump’s energy policy under adviser Kevin Cramer reveals a siege on existing regulation and a roll-back on spending.
Rocky Mountain Power, a utility company under the PacifiCorp umbrella, has proposed a new methodology for calculating net metering fees that would result in a significant price spike for solar customers.
