Spain's government approves the sun tax
A new self-consumption decree states that installations up to 100 kW provide electricity to the grid as a gift. High taxes are spared only partially for systems up to 10 kW and plants on islands off the coast of Spain.
All Energy: Hunt leaves door open for storage subsidies
Australian Minister for the Environment Greg Hunt appears to be shaping towards initiating subsidies for the installation of battery storage. The Minister addressed attendees on the opening day of the All Energy trade show in Melbourne yesterday, indicating that new programs to support cleantech deployment may be forthcoming, declaring that energy storage is the new black.
Energy Storage Systems secures $3.2 million flow battery VC funding
Pangaea Ventures invests in the Oregon-based developer’s All-Iron Redox Flow Battery as part of a wider $4.5 million round of fundraising the company has secured to aid production ramp up.
Singulus lowers 2015 forecast despite solar sales uptick
German equipment manufacturer’s optical disc segment failing to meet expected demand, forcing an overall revision downwards of revenue for the year despite sales in solar segment expected to double.
UK: First round of solar job losses announced as FIT cuts bite
Solar panel insulation company Mark Group calls in administrators as 939 staff made redundant following decision by SunEdison to offload the subsidiary as it exits U.K. market; company directly blames FIT cuts.
The pv magazine weekly news digest
The race for solar panel efficiency heats up, SunEdison goes for a more streamlined model, Europe wants to nip the MIP in the bud, and Germany lends a helping hand to India.
Abraaj Group, Aditya Birla partner on solar in India
The global equity investor and the Indian multinational are looking to develop a gigawatt-scale solar energy platform in the country.
ReneSola sells 16.5 MW UK PV plant to Foresight Solar Fund
The Chinese solar developer offloads asset, located in Membury, England, to Jersey-based investment company Foresight Solar Fund Limited; transaction is third deal between the two companies.
SkyPower agrees $1bn deal to build 500 MW of solar in Panama
Canadian solar developer announces another large-scale solar agreement, this time with Panama President Juan Carlos Varela, to develop 500 MW of solar power over the next five years.
Chorus IPO brings in $112.5 million
The solar and wind operator will invest proceeds, which could reach $134 million if an over-allotment option is exercised, in further growth.
