Despite an overall gloomy outlook for the renewable energy sector across Europe, with the possibility of taxes and withdrawal of subsidies, at least some private investors are looking to keep up the investment in the sector. Quercus Assets Selection, a private equity fund, announced that it will launch two funds … [continued]
The US is missing out on its share of the $1 trillion dollars total cumulative global solar photovoltaic revenue predicted for 2012-2018 because of its policies and political atmosphere, according to a new report from the Pew Charitable Trust lobbying group. The report notes that the US is falling behind … [continued]
A prosecutor in the southern Italian city of Brindisi has filed criminal charges against Suntech and its Global Solar Fund, adding to a growing list of criminal and civil charges that could destroy the company. The charges follow on revelation of an alleged $700 million investment fraud perpetrated by GSF that implicates Suntech senior executives. […]
SunEdison’s asset sales and service agreements raise cash and secure an income stream as it looks to weather tough market conditions and continue expanding. […]
