Installations

The U.S. startup and provider of pay-as-you-go solar energy in Africa secures funding from Generation Investment Management for the wider development of its off-grid leapfrog model in East Africa.

Funds from the European Bank for Reconstruction and Development (EBRD) allocated to assist Egypt’s solar program, which aims to add 2 GW of PV capacity over the next few years.

The Chinese solar company posts third-quarter revenues of $351.5 million, down sequentially and some way below Q3 2014; non-cash impairment charge on long-lived assets of $598.5 million.

Just 45 MW of new solar PV capacity was added in October, according to the German Federal Network Agency. The FIT tariffs will, as a consequence of the weakened demand, not change in December. For the first 10 months of the year, newly registered systems total 1.174 GW.

New solar and wind capacity additions between 2015 and 2020 will add more power globally than U.S. shale-oil production did during 2010-2015, according to a new report by Goldman Sachs.

The solar-powered aircraft, grounded in Hawaii since July, has raised the funds required to complete its round-the-world journey attempt, confirms pilot and co-founder Andre Borschberg.

A 3 MW solar PV and energy storage system has been commissioned by the Government of Antigua and Barbuda (GOAB) and PV Energy Ltd. It is expected to cover almost all of the V.C. Bird International Airport of Antigua’s energy consumption.

Karnataka Electricity Regulatory Commission and Renewable Energy Development Limited announce changes to the state’s solar landscape designed to encourage greater development in ground-mount PV.

Year-on-year inverter shipments grow by 35% over the first nine months of the year, but revenue growth over that time increases just 4%; growing acceptance of cheaper Chinese inverters putting price pressure on the market.

At the unveiling of the International Solar Alliance on the first eve of COP21, Indian Prime Minister Modi said India will see 12 GW of new solar capacity installed in 2016. He added that the alliance is a “sunrise of new hope” for clean energy. US$30 million will be invested in establishing its HQ. Overall, the alliance aims to mobilize US$1 trillion in solar investment.