Monthly Archives: August 2016

J.P. Morgan Asset Management boosts investment in Sonnedix Group

J.P. Morgan Asset Management and the Sonnedix Group announced that investors advised by J.P. Morgan have acquired substantially all of the Sonnedix Group. …read more

SolarCity Barred From Intervening in Nevada Grandfathering Dockets

In late July, NV Energy asked the Public Utilities Commission of Nevada to allow existing rooftop solar customers to be grandfathered on the state’s previous, more favorable solar tariff, rather than be required to adopt a contentious new rate scheme introduced at the beginning of the year. The request was filed in two separate dockets,

Is Shunfeng reaching limit of desire for retained PV power plant assets?

Diversified renewable energy firm Shunfeng International Clean Energy (SFCE) has reported first half year 2016 financial results wherein its grid connected PV Power plant capacity of 1,780MW is unchanged from the end of 2015. …read more

Florida Voters Pass Solar Tax Exemption in Statewide Primary—Now Bigger Battles Loom

Florida voters approved a constitutional amendment in the statewide primary yesterday that clears the way for solar and other renewable energy systems to receive a property tax exemption, creating the opportunity for distributed solar to expand in the Sunshine State. Amendment 4 specifically authorizes the Florida legislature to exempt solar projects on commercial and industrial

Brazilian guidelines for renewables transmission, Pará grants ICMS exemption

Brazil’s Ministry of Mines and Energy (MME) has released new guidelines for transmission, which will come into play in time for the wind and solar projects to be tendered in the second reserve energy auction this December. …read more

Meaningless Metric: Hanergy Thin Film’s 1H 2016 sales

PV thin film equipment and module producer Hanergy Thin Film Power Group (Hanergy TF) has claimed to have bounced back from a non-cash loss of around US$1.58 billion in 2015 to a first half 2016 net profit of around US$105.8 million. …read more

Spain and Cuba solar associations form alliance

Solar associations in Spain and Cuba are partnering to share information and cooperate on trade missions to promote PV in both countries …read more

India to split benchmark tariff for VGF projects

India’s Ministry of New and Renewable Energy (MNRE) plans to change the benchmark tariff for the 5GW of solar being tendered with viability gap funding (VGF) support from central government. …read more