SMA acquires stake in US firm Tigo Energy
The leading German inverter manufacturer has purchased a 27% share in the California-based company with the aim of tapping into the smart module technology market.
SolarCity closes $150 million financing facility for commercial solar and battery storage
In addition to its new financing vehicle, which is aimed at solar projects for businesses, schools and government agencies, SolarCity has appointed former FERC Chairman Jon Wellinghoff as its new chief policy officer.
Germany's Abakus Solar applies for preliminary insolvency
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.
The pv magazine weekly news digest
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.
New Hampshire Senate passes bill to double net metering cap
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.
SolarCity closes on $188 million worth of tax equity financing
This is the second large fund that SolarCity has closed on in the past two days.
Ontario plans for 250 MW-AC of solar in 2nd phase of large renewables procurement
The province has doubled renewable energy targets in the 2nd phase of the LRP, citing lower than expected costs.
Argentina establishes new landmark renewable energy policy
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.
E.ON releases its home storage system, to add to a growing German market
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.
Study: second-life EV batteries to offer 1 TWh capacity by 2030
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.
