Accelerator-backed Wunder launches U.S. solar fund
A new solar fund has launched in the U.S. Wunder, backed by the Boulder Techstars accelerator program in Colorado, has launched a $1 million solar fund for investors. The fund is already 50% subscribed.
The pv magazine weekly news roundup: Oct 3-10
Storage updates, political wranglings, grid parity promises and yet more headlines for SolarCity… it’s been another busy week on pv magazine.
Glasgow: first European university to divest from fossil fuels
Glasgow University has taken the lead in the U.K. and Europe in aligning itself with the disinvestment movement, yet the number of higher education institutions turning away from fossil fuel investments is steadily growing.
Conergy looking to buy Ontario solar projects
The solar company is shopping for individual projects and portfolios of between 100 kW and 15 MW in size, on roofs and open land, at all stages of development.
Sun setting on Destertec
Time appears to be running out for the once ambitious consortium that envisioned supplying renewable energy to Europe from the Middle East and North Africa.
KKR partners with Acciona to grow renewable energy asset portfolio
Private equity firm KKR has moved deeper into renewable energy by acquiring a 1/3 stake in the renewable energy generation business of Acciona. The two companies plan to launch a yieldco to hold some of these assets.
Mercom Capital: Downstream dominates as solar investment levels rebound in Q3 2014
While VC funding is up and a third yeildco IPO was held, Mercom’s Q3 report shows that the biggest sources of available capital in the solar industry are still Chinese banks.
Election of EU energy commissioner proves thorny
In a stormy hearing last week, Spanish commissioner-designate for energy and climate action Miguel Arias Cañete sought to dodge questions about his oil industry past and provided only vague answers to questions about energy and climate protection policy. His candidacy could be in danger.
OneRoof Energy secures credit lines of $16.7 million
The San Diego-based company will use much of the new financing for its new residential solar fund and as working capital.
Canadian Solar clarifies status of Japanese pipeline
Kyushu Electric Power in Japan has said it is suspending grid connection approval for new solar projects pending evaluation of its respective grid capacity availability, which it expects to comlpete by the second quarter of 2015.
