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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.

Germany sources one-third of electricity from renewables in 2015

One-third of Germany’s electricity demand in 2015 was provided by renewable energy, with onshore wind and solar PV leading the way. Renewables academic Volker Quaschning published the findings today, compiling the data from a range of sources.

Scotland ups solar footprint by 28% in 2015

Data from Ofgem shows that Scotland added 39 MW of solar PV capacity in 2015, a 28% increase in the space of a year. Cumulative capacity north of the border now stands at 179 MW.

SunEdison to wipe out $336 million in debt, while partnership buys stake in Dominion solar portfolio

The troubled renewable energy giant is delivering on its promise to lower debt levels, while still keeping more renewable energy projects within reach.

160,000 Mexican homes host PV systems

Around 0.5% of Mexican residences reported a PV installation in 2015. Statistics from Mexico’s INEGI show Baja California Sur and Durango as the states with the highest penetration of solar PV in homes at 2.1%.

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