The Greek governments disastrous economic policy has decimated the solar sector at the moment when fresh hopes had started to emerge in the form of a new net metering regime.
The weak performance of the German solar market continues, with Federal Network Agency reporting that 83.242 MW of PV was added to the country’s grid in January. Nine new ground mounted PV power plants were registered in the month.
Singapore’s Sun Electric has celebrated its first retailing of solar electricity in the island state. It plans to develop up to 20 MW of projects in 2016.
An analysis by DNV GL indicates that SunPowers install time for commercial rooftop systems is as much as 2 1/2 times faster than competitors.
SolarCity will launch a new tax equity fund, to finance $249 million of residential solar installations. The financing partner in the deal has not been identified, but SolarCity reports that it is the fourth fund the two firms have created in partnership.
The California company’s Customer Self Supply program offers a customized combination of solar, battery storage, smart electric water heater and Nest Learning Thermostat.
Developments in the U.S. continued to make headlines this week as utilities across the country carry out systematic attacks on net metering and a California city weighs a PPA for possibly the lowest solar power price on record.
BNEF calculates that 57 GW of solar PV was installed last year, marking an increase of around 30% on 2014. Latest figures also show that, despite factors which could have impeded growth, clean energy financing reached US$329.3 billion in 2015. Chinese and U.S. markets led the charge, alongside a host of new markets; European activity, however, decreased.
German utility giant will develop own storage system with Dresden-based Solarwatt GmbH based on MyReserve technology; first models to be rolled out in Germany over coming months.
Green light from Vivint shareholders should see the merger with U.S. renewable energy developer SunEdison close before the end of the first quarter.
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