The world’s largest emitters have committed to the global agreement, but the voluntary nature of individual national plans leaves many doubts.
The U.S. Agency for International development (USAID) announced that it will provide USD10 million in funding to a number of projects aimed at addressing critical areas of development, two of the projects center on solar research in India and in Morocco.
The Chinese polysilicon and PV maker will buy three of SunEdison’s manufacturing businesses involved in polysilicon production up until cell production, amid rumors that it is also planning to make a bid for SunEdison’s controlling stake in TerraForm Power.
The yieldcos have until the end of August to submit a plan as to how they are going to get their financial reports on track, while TerraForm Global struggles with multiple legal proceedings.
The Chinese-Canadian solar firm shipped 1,290 MW of modules and posted net revenue of $805.9 million in the second quarter, with nearly half of its sales to the Americas.
Extension of the ITC has stripped urgency from U.S. market, company CEO says, prompting a rethink on solar power plant timeline. SunPower will close Philippines fab as part of re-positioning of supply.
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