Egypt solar program allocated $500m EBRD funding
Funds from the European Bank for Reconstruction and Development (EBRD) allocated to assist Egypt’s solar program, which aims to add 2 GW of PV capacity over the next few years.
Yingli Q3 revenues slide further on low utilization
The Chinese solar company posts third-quarter revenues of $351.5 million, down sequentially and some way below Q3 2014; non-cash impairment charge on long-lived assets of $598.5 million.
SunEdison cancels acquisition of Brazilian wind and hydro projects from Renova
SunEdison has let a deal which included yieldco TerraForm Global receiving 2.7 GW of Brazilian wind and hydro projects lapse, as the company tightens its belt.
It's official: New York to get a 50% by 2030 renewable energy program by July 2016
New York Governor Cuomo has given the order to state regulators to create the program, which must be completed by July of next year.
It's official: New York State to get a 50% by 2030 renewable energy program by July 2016
New York Governor Cuomo has given the order to state regulators to create the program, which must be completed by July of next year.
Solar, wind power output to surpass shale in five years, says Goldman report
New solar and wind capacity additions between 2015 and 2020 will add more power globally than U.S. shale-oil production did during 2010-2015, according to a new report by Goldman Sachs.
Solar Impulse secures $20m funding to complete second leg of journey
The solar-powered aircraft, grounded in Hawaii since July, has raised the funds required to complete its round-the-world journey attempt, confirms pilot and co-founder Andre Borschberg.
Indian state Karnataka to lower rooftop PV tariff, announces 1.2 GW tender
Karnataka Electricity Regulatory Commission and Renewable Energy Development Limited announce changes to the state’s solar landscape designed to encourage greater development in ground-mount PV.
Global adoption of Chinese inverters limiting revenue growth, IHS says
Year-on-year inverter shipments grow by 35% over the first nine months of the year, but revenue growth over that time increases just 4%; growing acceptance of cheaper Chinese inverters putting price pressure on the market.
COP21: India to install 12 GW of solar in 2016
At the unveiling of the International Solar Alliance on the first eve of COP21, Indian Prime Minister Modi said India will see 12 GW of new solar capacity installed in 2016. He added that the alliance is a “sunrise of new hope” for clean energy. US$30 million will be invested in establishing its HQ. Overall, the alliance aims to mobilize US$1 trillion in solar investment.
