California launches plan to align grid transformation efforts
Through the Distributed Energy Resources Action Plan, regulators will attempt to mold several disparate dockets and initiatives to meet long-term goals.
Solar not to blame for UK's renewable subsidies overspend
Solar only accounted for 6% of the GBP 2 billion (USD 2.46 billion) renewable electricity subsidies overspend under the Levy Control Framework, as revealed in a National Audit Office report, although solar bore the brunt of the consequences for the overspend.
Tesla strengthens Panasonic solar bond with cell and module collaboration
The two firms have signed a non-binding letter of intent to collaborate on the production of solar modules and cells at Tesla’s Buffalo facility. Deal rests on completion of Tesla’s SolarCity acquisition.
IEA set to raise solar forecast
The International Energy Agency (IEA) is due to release its annual report in a couple of weeks, and the agency has said that it will be “significantly” raising its outlook for solar and wind installations, as more countries have been adopting climate change policies.
Suntech withdraws from EU price undertaking
Manufacturer of solar modules becomes latest Chinese firm to voluntarily walk away from the EU’s minimum import price undertaking as average selling prices continue to fall globally.
Sonnen receives a further USD 85 investment
The German company announced that it has secured USD 85 million in growth capital, some of which came from two new partners, which will help the company consolidate its healthy position further in the booming energy storage market.
USD 633 million bond financing confirmed for solar project in Canada
Connor, Clark and Lunn Infrastructure completed the bond financing along with Samsung for the 100 MW Kingston Solar Project, in what is one of the largest renewable energy bond financings ever to be completed in Canada.
Huawei to launch residential inverters in Q2 next year
The inverter arm of the Chinese ICT giant is set to enter new global markets with the launch of its dedicated residential product in 2017.
NGOs call on EU to remove trade duties against China
Five prominent NGOs have written a letter to the European Commission, calling for an end to trade duties that are applied to Chinese PV manufacturers, claiming that they are counterproductive for action on climate change, adding to the mounting pressure on the EU to remove the duties, as 400 companies sent a similar letter earlier in the week.
Seven off-grid solar projects being developed in Senegal
As off-grid solar booms in East Africa, seven villages in Western African nation Senegal are preparing to start benefiting from off-grid solar solutions, as non-profit organization Solar Village Project begins preparations to install solar arrays within the communities.
