Canadian Solar partners on $800 million solar fund in China
Teaming up with the state-owned Sichuan Development investment company, Canadian Solar will focus on utility-scale and distributed generation projects in Sichuan Province and other solar resourceful regions in the country.
US, China hold close to 50% of global PV pipeline
At a combined capacity of 61 GW, projects in the U.S. and China make up almost half of the current PV pipeline, according to IHS, which says a large share of planned projects are “immature” and unlikely to materialize.
ABB partners with BYD to develop storage technologies
Electricity storage technology looks set to get a boost with two major companies active in the space forming a strategic partnership. Power and automation giant ABB will form a partnership with major Chinese company BYD to collaborate in battery storage for grid-connected, micro grid, solar and marine storage applications.
US home solar loans at 6.5%
San Francisco-based Dividend Solar has launched an affordable loan for residential solar. The EmpowerPortal loan permits residents to claim a 30% federal tax credit.
Global investment creating perfect storm for growing markets
The flood of money pouring into renewable energy around the world is trickling down and creating new revenue streams for established businesses eager for growth.
Portugal adds 33 MW of PV for 330 MW cumulative solar capacity
Portugal added 33 MW of solar PV capacity in the first six months of 2014. A significant reduction in new mini installations is worrying, though, given the Portuguese PV sector is predominantly rooftop driven.
Weekly news round-up
A pick of the biggest headlines in solar around the world this week, with details of elephants, bees, beer, gigafactories, ultra-mega, erm, things and electioneering in the UK… as Sid Vicious once said… almost.
France's PV market recovers in the first half of 2014
The latest French government figures show solar PV market recovery continuing in the second quarter of 2014, led by large projects. During the quarter the nation surpassed 5 GW of installed PV.
Mexican PV project to light up Chihuahua
The 33 MW-AC plant is being developed by SDC Energreen Aljaval, a joint venture between Mexico’s Energreen and Spanish group Aljaval, which is developing more than 300 MW of PV across the country.
FRV says Australian solar pipeline worthless if RET changed
Interview: Rafael Benjumea, CEO of Spanish developer FRV, warns that implementation of Australia’s RET Review recommendations will discourage investment in the country’s solar industry.
