Media: Tesla puts major investment on hold

Due to disappointing sales of electric cars, Tesla and Panasonic has put planned expansion of thier Gigafactory on stand-by, writes media outlet Nikkei. Tesla disputes the announcement and promises continued investment in Gigafactory.

Spanish intermediary secures green projects at zero-subsidy

A young offshoot of the successful Danish energy trader Danske Commodities, Our New Energy, facilitates power purchase agreements between developers and investors, a role that recently helped secure the development of a 708 MW zero-subsidy project in Portugal.

Statkraft drops Norwegian wind power

Norway's state-owned utility Statkraft is discontinuing future wind project in Norway. The decision conflicts with the company's prior announcement of domestic wind power being a central focus area.

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