Hemlock claims $793.5 million in damages from SolarWorld
SolarWorld could face bankruptcy as a result of its polysilicon supply dispute with Hemlock. The U.S. polysilicon supplier is claiming up to $793.5 million in damages, in court documents acquired by Reuters today.
TerraForm adopts shareholder rights plan as Brookfield & Appaloosa attempt takeover
The yieldco’s “poison pill” was created to prevent sale of more than 15% of the company’s class A stock and to keep bidders from blocking the sale of the company.
Greentech Media, GTM Research to be acquired by Verisk Analytics
GTM Research will be folded into energy metal and mining research and consultancy company Wood Mackenzie.
Elon Musk’s master plan promises solar for all
Tesla CEO writes second installment of decade-old master plan, promising solar panels on every house and a battery in every garage.
SunEdison prepares to sell TerraForm Global
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 forecasts 2.7 GW of new PV in Latin America in 2016
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.
Mercom: Battery storage, smart grid VC investments double in Q2 2016
While there has been a downturn in solar funding, battery and smart grid investments had a very strong quarter.
Deutsche Bank: U.S. utility-scale solar costs to fall below $1 per watt
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.
Hawaiian Electric Companies to go it alone
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.
SolarWorld under pressure to find resolution to Hemlock court case
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.
