US: New standardization initiative could save billions for solar users
Sponsored by the U.S. Energy Department, the Orange Button initiative is expected to reduce the cost of capital as a result of improved access to solar data, which would lower risks and result in savings of nearly $9 billion over the next 10 years, according to SGIP.
US community solar programs could reach 1.5 GW by 2020
Community solar could potentially capture 2% of the U.S. solar market, according to a new report by Navigant Research.
Italy's Carlo Maresca to build 50 MW solar PV plant in Iran
The construction and green energy company inked the solar farm deal on the sidelines of Italian Prime Minister Matteo Renzi’s visit to Iran last week.
New Development Bank to give India $250 million loan for renewables
The renewable revolution in India continues, as high ranking Indian official confirms that the country has been accepted for a $250 million loan from the New Development Bank, which is expected to be for solar projects.
Largest PV plant hooked up in Ghana
Chinese firm Beijing Xiaocheng Company developed the 20 MW plant, which has been connected to the grid, and is helping Ghana overcome its power crisis.
SunEdison reveals details from its debtor-in-possession talks
While many analysts and observers had been expecting a bankruptcy filing by the end of the week, the company has instead revealed details of its financial position from negotiations with creditors.
Vivint Solar reassures investors with Q1 data
On an interim analyst and investor call, the residential solar installer reports increased bookings and installed capacity in Q1, but also noted that installed costs have increased.
SunEdison malaise result of Vivint wrongdoing and "overly optimistic" culture, finds audit
Findings of investigation by audit committee and independent directors attribute blame for failed Vivint Solar acquisition on ex-employee; critical of SunEdison’s optimistic financial reporting and uncontrolled cash forecasting process.
California's advanced energy job sector grew six times faster than statewide employment rate
Data from the Advanced Energy Economy reveals more than half a million people in California work in the advanced energy industry; growth ratio of 18% last year six times faster than average.
Domestic bliss for Indian companies in latest 500 MW solar auction
Karnataka tender sets tariff of US 7.2 cents/kWh with domestic companies winning out. Just one non-Indian solar bidder won in an auction dominated by India’s power giants Adani, Tata, Acme Group and ReNew Power Ventures.
