Lawyers: US president’s order to block electric equipment purchases if they are judged a national threat creates more questions than it answers but it ‘arguably’ does not apply to solar and wind.
Major PV inverter manufacturer Sungrow Power Supply Co exported a total of 9GW of PV inverters to overseas markets in 2019, an 87.5% increase year-on-year, due to the significant decline in solar installations caused by policy changes in the Chinese domestic market stretching back to May 2018.
US solar residential player facing layoffs and 2020 uncertainty appoints Tom vonReichbauer as CFO, enlisting individual with past senior roles at Ford, Tesla, Nest and Google.
Order signed by US president grants importers 90-day deferment on the payment of duties, taxes and fees to help with COVID-19 impacts, but does not extend the lifeline to PV components.
US trade reps move once more to scrap reprieve for two-sided modules from Section 201 tariffs, but measure cannot come into force until last year’s court injunction is lifted.
Updated: High-performance PV manufacturer SunPower has idled all of its manufacturing plants located in the US, Mexico, France, Malaysia and the Philippines to restrict the financial and operational impacts of the COVID-19 pandemic.
SEIA, ACORE and others lament US federal energy regulator’s dismissal of request to reconsider PJM rule change, which the industry feels will ‘pad fossil fuel profits’ at renewables’ expense.
World’s top asset manager cites appetite for ‘resilience’ in era of volatility as it smashes US$3.5bn target of GEPIF III fund, set to invest in solar, storage and other renewables and non-renewables.