Markets

The bankrupt renewable energy developer appears to be fishing for bidders for TerraForm Global, as many investors seem to prefer buying pieces instead of the whole SunEdison empire.

IHS highlights the relevance which public auctions have acquired for the growth of solar PV in Latin America. Argentina is among the new PV markets in the region, where a new renewable energy auction was recently launched with a quota of 300 MW of solar.

While there has been a downturn in solar funding, battery and smart grid investments had a very strong quarter.

The bank says that lower-than-expected U.S. demand coupled with significant new module supply is leading to greatly reduced costs and prices in the U.S. market.

The utility says that it is financially well-positioned as an independent company and reaffirms its commitment to the state’s 100% by 2045 clean energy mandate.

IHS Senior Research Director Ash Sharma spoke to pv magazine to give his take on the SolarWorld and Hemlock Semiconductor initial ruling last week, and how the two companies are likely to proceed from here, expecting that SolarWorld is feeling the pressure to come to an agreement quickly.

The U.S. distributed solar market leader’s capital markets team has raised more than $1.5 billion so far in 2016, despite a depressed stock value.

The U.S. court adjudicating on the legal dispute between SolarWorld subsidiary Deutsche Solar and Hemlock Semiconductor has granted a motion for a summary judgment, dismissing SolarWorld’s submission for the case to be heard by a jury. The dispute stems from three multi-year polysilicon supply deals negotiated and signed between 2005 and 2007. SolarWorld argues that it is not beholden to these supply deals as they were subsequently amended by the two parties.

Financially viable in just a handful of states today, commercial storage will make economic sense across 19 states by 2021 as battery costs fall, finds a GTM Research report.

The Solar Foundation has released its first report on the interaction of solar with energy storage and its impact on employment.