Clean Power Finance completes merger with Kilowatt Financial
The new company has re-branded as Spruce Finance, and has raised US$175 million in funding to deploy residential PV in 2016.
Brazil doubles solar targets for utility-scale and distributed generation
A new plan by the government of Brazil includes 2024 targets for 7 GW of utility-scale solar and 1.32 GW of distributed PV installations, double the goals in the previous plan for 2023.
2015: The year in solar
With an international agreement in Paris on emissions reductions inspiring ambitious renewable energy goals, an extension of the U.S. Investment Tax Credit (ITC) and record low prices for installed PV, 2015 was a positive year for the global solar industry.
PERC: Gintech achieves 21.44% efficiency; demand to continue
Kicking off 2016s PERC news, Taiwan-based Gintech Energy Corporation has achieved a solar PV cell efficiency of 21.44% using its PERC technology, thus ranking it number three in terms of global monocrystalline PERC efficiencies, behind Trina and SolarWorld. Predictions are PERC demand will continue well into 2016.
Canadian Solar's Recurrent Energy closes financing for 75 MW PV project
Subsidiary of the Chinese solar firm finalizes tax equity investment commitment and $180 million debt facility for development of 75 MW Astoria 2 solar farm in California.
Trig to invest $61 million in French solar projects
Channel Islands-based The Renewable Infrastructure Group Ltd is to invest in 15 ground-mounted a rooftop solar projects across France, with the assistance of French clean energy company, Akuo Energy Group.
India to install 4.2 GW of rooftop solar under increased budget
The Indian Government has unveiled plans to install 4.2 GW of grid connected solar PV up until 2019-20 under its National Solar Mission. A budget of around US$751 million has been allocated. It is still unclear how its 40 GW 2020 rooftop target will be met, however.
Amtech reports a spike in solar equipment orders
The PV equipment maker has reported $22 million in solar orders in its most recent quarter, mostly from an un-named solar cell manufacturer in Asia.
China sets slightly lower solar target for 2016
The National Energy Administration issues statement outlining its clean energy goals for next year, which include the addition of 15 GW of solar PV capacity.
Korean consortium acquires 41 MW Japan solar project from Solariant
Trio of life insurance companies strike deal worth $172 million to acquire 41.3 MW solar project in Kagoshima, Japan; Solariant Japan is developing the project.
