The new company has re-branded as Spruce Finance, and has raised US$175 million in funding to deploy residential PV in 2016.

With an international agreement in Paris on emissions reductions inspiring ambitious renewable energy goals, an extension of the U.S. Investment Tax Credit (ITC) and record low prices for installed PV, 2015 was a positive year for the global solar industry.

The U.S./Swiss collaboration has yielded a 29.8% efficient PV cell based on gallium indium phosphide and crystalline silicon layers, without concentrated sunlight.

The PV equipment maker has reported $22 million in solar orders in its most recent quarter, mostly from an un-named solar cell manufacturer in Asia.

The company expects significant balance of systems cost reductions for energy storage systems, and for this to help drive increased deployment.

The troubled renewable energy giant is delivering on its promise to lower debt levels, while still keeping more renewable energy projects within reach.

NYSERDA is allocating unused funds for residential and small commercial installations under NY-Sun’s MW Block incentive program.

The world’s largest monocrystalline wafer producer will expand its cell capacity at subsidiary LERRI Solar by 2 GW by the end of 2017.

EnergySage’s first report of small-to-mid-sized U.S. solar installers found both a high level of competition and increasingly savvy consumers.

The company’s response to the elimination of retail-rate net metering in Nevada is to leave and take 2,000 jobs with it.