Solar crowdfunder Mosaic has launched a solar loan coupled with operations and maintenance (O&M) for residential PV arrays. The new product is being offered in partnership with microinverter manufacturer Enphase Energy.
Solar funding in the period included $432 Million in venture capital and $1.3 billion in third-party funds, according to a new report by Mercom Capital Group.
More than 150 businesses have signed a letter calling for U.K. Prime Minister David Cameron to back solar; letter will be presented to Downing Street today.
This move makes NextEra the latest in a series of companies that have created yieldco ownership vehicles for solar plants and other energy assets.
Russian businesswoman Yelena Baturina’s Austrian company may invest more than $27 million in green energy projects, including solar farms in southern Europe.
The country’s solar manufacturing association says domestic producers and non dumping exporters can more than meet the demand for solar in India. Power minister Piyush Goyal this week said the imposition of AD duties on imports from China would endanger national solar capacity targets.
The newly-constituted CPIA will pursue a ‘free and fair trade environment for Chinese PV’. The head of Trina Solar has been elected to lead the organization for five years.
Having outpaced the overall U.S. PV market for the first time, growth in the residential solar sector is being spurred by the solar leasing model, with 2014 likely to be the pinnacle. Solar loans will drive direct ownership from 2015 onwards.
Chinese premier Li Keqiang’s three-day visit to Athens coincided with trade agreements that could be worth up to $8.8bn for Greece’s beleaguered economy. Investments in Piraeus port and the Greek railway network could be followed by Chinese PV fabs on Greek soil.
The latest figures show solar – with 907 MW – was the biggest renewable energy contributor to new electricity generation capacity in the US in the first five months of this year. Five solar projects added 156 MW in May.
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