Installations

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.

Argentine province confirms financing for solar projects

PV projects in Mendoza awarded under the RenovAr program with 85% local content will be able to obtain financing through the FONDEAR Fund.

German development bank restarts subsidy for PV + storage

Kreditanstalt für Wiederaufbau (KfW), the development bank owned by the German government, today announced that it will restart subsidy payments for PV + storage applications within Germany.

Solar provides 4.3% of Japan’s electricity during 2016

The latest data show solar taking an increasing role in Japan’s energy mix, however several provinces are nearing caps on PV capacity eligible for reimbursement for curtailed power.

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.

Miraikikai launches water-free solar module cleaner at WFES

Miraikikai’s offering is the first water-free and automated cleaning robot for utility-scale solar plants, which could help solve the challenge of dust in arid regions and deserts, which can be a real problem for plant energy generation rates.

Construction underway at Burundi’s first utility-scale solar plant

A ground-breaking ceremony took place on Wednesday for the 7.5 MW solar PV plant that is being developed by Gigawatt Global in East African country Burundi, which, once complete, will add 15% to the country’s electricity generation capacity.

Mercom: US$736 million invested in India’s solar sector in Q4 2016

The nation saw substantial debt, public markets and project funding during the final quarter of 2016, including the first Indian solar developer to go public.

MESIA solar awards winners announced at WFES

U.S. company Array Technologies and Indian EPC Sterling & Wilson were amongst the winners of the Middle East Solar Industry Association’s (MESIA) annual awards ceremony, which was presented at the World Future Energy Summit (WFES) 2017 being held in Abu Dhabi.

PVMA figures show 75 GW of solar PV was installed in 2016

The PV Market Alliance has released its official solar installation figures for 2016, which, with a total of 75 GW installed, show a 50% growth from 2015, mainly driven by a mammoth year of installations in China, although the future would seem less auspicious as the two biggest markets show signs of retraction.