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Finance

New $100m Australian solar fund to target large-scale blue chip solar assets

A new, AUD$100 million renewable energy investment fund that aims to buy up established solar farms around Australia has been launched by Melbourne-based Impact Investment Group, with the backing of some high profile names including respected economist Ross Garnaut and the Lieberman family.

TerraForm adopts shareholder rights plan as Brookfield & Appaloosa attempt takeover

The yieldco’s “poison pill” was created to prevent sale of more than 15% of the company’s class A stock and to keep bidders from blocking the sale of the company.

India's fossil fuel giants begin to back Modi solar goal

Many of the biggest names in Indian coal, oil and gas have embarked on renewable energy projects or initiatives in recent months as the attraction of solar becomes ever more apparent.

The pv magazine weekly news digest

Talking ’bout a resolution: SolarWorld comes under pressure to reach an agreement on the Hemlock case, Turkey’s political troubles shake the sector, and NASA goes all 3D in its quest for higher solar efficiencies.

India reveals plan for implementation of 10 Solar Zones

The Ministry of New and Renewable Energy outlines details for introduction of these new zones, each around 10,000 hectares, before the end of this year.

Musk's master plan promises solar for all

Tesla CEO writes second installment of decade-old master plan, promising solar panels on every house and a battery in every garage.

Sunrun secures $33m loan facility to finance SREC portfolio

The U.S. residential solar company closes non-recourse term loan facility to help finance solar renewable energy credits portfolio for roll-out in northeast states of Maryland, Massachusetts and New Jersey.

Small and large scale solar to reach global grid parity by 2020, says Frost & Sullivan

Global Solar Power Market 2016 report suggests costs of solar to fall dramatically over next five years as Asian market share increases and North America reaches 20 million residential PV prosumers.

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Mosaic teams with Wave Solar to provide lower customer acquisition costs

The solar lending platform has partnered with Wave Solar’s lead generation services in order to improve customer acquisition costs for solar installers.

Lack of small-scale 'bankability' harming clean energy progress, finds IIED white paper

Profitability of large-scale renewable energy projects deterring investment in small, off-grid schemes, finds report, but more innovative funding options at small scale have multiple positive impacts.

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