German PV company Abakus Solar AG on Thursday applied for the initiation of preliminary insolvency proceedings in a local court in the city of Essen.
Tesla continued to shake up the auto industry this week with a new, more affordable model. In addition, a new forecast by BNEF sees solar capacity reaching stratospheric levels in the next 15 years while troubled SunEdison is eager to find a buyer for its solar assets in India, which it hopes to offload for $1 billion.
The states governor is expected to sign the bill, which will allow New Hampshire to install up to 100 MW of solar PV under net metering.
This is the second large fund that SolarCity has closed on in the past two days.
The province has doubled renewable energy targets in the 2nd phase of the LRP, citing lower than expected costs.
Decree 531 outlines plans to create a trust fund of 12,000 million Argentine Pesos (USD819 million) for renewable energy this year, and also outlines bidding processes for renewable energy projects.
The German energy supplier released its all-in-one PV panel, storage device, energy app, and green electricity tariff today, to rival other prominent solar energy storage products in Germanys fast-growing battery market.
The reuse of batteries originally built for electric cars can offer up to 1000 GWh storage capacity worldwide by 2030, while driving further cost decline for solar and storage technologies.
Renewable power generation capacity grew by 152 GW in 2015, which, at 8.3%, is the highest increase ever recorded, predominately driven by huge capacity increases in Asia. Global solar capacity enjoyed unprecedented growth of 26% due to huge price drops in the technology.
The compromise bill has sped through both Houses, and now will go to Governor Charlie Baker’s desk. Under new regulations larger private solar installations will see compensation cut.
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