Pay to own residential solar reaches 100,000 customers in Uganda

Fenix International, a silicon-valley technology company backed by venture capital, today announced that it has sold its solar financing model to 100,000 residential customers in Uganda.

The pv magazine weekly digest

Another big week for solar, as we are inundated with full year statistics from 2016, and the first of 2017’s major industry trade shows gets underway.

Spruce raises US$445 million investment for 2017 projects

Spruce Finance, which provides consumer financing for residential solar and energy efficiency projects, has raised a total of US$445 million dollars in tax equity and project debt transactions to support its activities in 2017.

Asia Pacific will be global leaders in clean energy in 2017, say Frost & Sullivan

A new report published by market analysts Frost & Sullivan expects outlook for clean energy markets to remain positive in 2017, in the face of global uncertainty. The report also states that Asia will lead the economically driven expansion of clean and green energy technologies.

Wirsol anonunces commercial operation on largest solar park in The Netherlands

The German solar developer announced operation of the 30 MW Sunport Delfzijl Solar Park in the Delflzijler harbor area, close to the Dutch city of Groningen.

Canadian Solar begins operation on 2 plants in Japan

The Chinese company today announced the commercial operation of two PV power plants in Japan, totalling 12.7 MW.

ACC announces rooftop project with Chinese food & beverage supplier

Asia Clean Capital (ACC) has a signed a power purchase agreement with Wahaha Group for a 3.5 MW commercial PV project. The capacity will be developed at 2 sites in Quzhou, Zhejiang province.

BYD plans 200 MW PV project in MENA

BYD has announced plans for major expansion in the Middle East region, including the construction of a 200 MW PV power plant. The project is expected to feature a storage application and aims to raise the company’s profile in the region.

Mercom: India falls behind on installation targets

With 25 of India’s states falling behind on Renewable Purchase Obligation targets, the country’s Ministry of New and Renewable Energy (MNRE) is now requesting that the individual states take action to ensure compliance.

Canadian Solar secures US$210 million loan for Thailand facility

Siam Commercial Bank plc (SCB) and China Minsheng Bank will jointly provide the manufacturer with a US$210 million loan to finance its new production facility in Thailand.