Sonneninvest has managed to gather more than a million Euros via crowdfunding for solar PV plants. The company’s second crowdfunding venture has already secured more than half a million Euros.
On Sunday midday, about 80% of the electricity demand in Germany was covered by renewable sources. A lot of sun and wind made this possible.
Taiwan-based TSMC has announced it will exit the thin film industry, ceasing manufacturing activities at the end of August, due to the fact its “solar business is no longer economically sustainable.” All product warranties will be honored said the company, and all workers will receive employment offers.
SolarCity stock has seen a series of ups and downs in recent days, falling to its lowest level since October 2013 over the weekend. However, the stock showed a modest recovery following Musk’s move.
The Indonesian government has announced it will provide tax incentives to investors seeking to develop renewable energy projects in the country.
Little Buffalo, a hamlet in northern Alberta, Canada is now home to a 20.8 kW solar PV installation. The Piitapan Solar Project has risen up as a viable and clean energy alternative in a landscape filled with oil sands.
I Squared Capital will invest US$150 million in Indian solar project developer, Amplus Energy Solutions.
Sungevity’s co-founder and executive vice-president, Danny Kennedy will take on the position of managing director at CalCEF, a clean energy investment organisation based in California.
Shares of publicly traded solar companies were already suffering from a faulty association with the price of oil, but the recent fall in global markets has furthered declines.
U.S. President Obama has announced a number of actions to support solar and other forms of clean energy including new funding for loan guarantees, federal support for PACE and more solar on military homes.
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