Investment in smart grid, storage sectors soars
The smart grid sector raised $185 million in the first quarter, a dramatic increase from $59 million it received from 13 investment deals in the fourth quarter of 2014, according to a new report by Mercom Capital.
150 MW solar plant announced for Mexico's Baja California
The $279 million installation will be developed by Energy Partners Latin America and will be located in the sun-rich northwestern corner of the peninsular state.
Tesla to announce home and utility-scale battery next week
Company sets April 30 date for unveiling, widely believed to be a new home battery and one for utility scale, to be produced at companys new gigafactory.
Pakistan's Parliament House goes solar
The 1 MW system employing Yingli solar modules was fully financed by China. Chinese President Xi Jinping was in Islamabad this week for the PV array’s innauguration. News of the new installation comes amidst reports that the Pakistani government is putting the brakes on further solar and wind development.
GE to invest in 42 MW Japanese solar farm
Industrial giant agrees to back the solar plant in Futtsu City, Japan, as the conglomerate builds on its commitment to invest in $1bn in renewable energy projects annually.
China could hit 20 GW of new solar this year, says Deutsche Bank
Analysts believe the country has the potential to exceed 20 GW of solar installations this year following a better-than-expected first quarter and improved policy outlook.
NEXTracker agrees 105 MW supply deal with groSolar
Tracking specialist signs three-year deal to deliver its single axis trackers to groSolar’s distributed generation solar projects across the U.S.
sPower secures $168m debt finance for 144 MW US solar projects
The sustainable energy producer announces placement of $168.5 million in loans, approved by three investment banks, to back leverage investment for 25 solar assets.
Obama-backed report calling for US grid upgrade receives solar industry approval
The Solar Energy Industries Association agrees with the findings of the first-ever Quadrennial Energy Review, which suggests U.S. electric grid requires significant change to accommodate new energy landscape.
Advanced Energy chosen by Swinerton for 325 MW solar projects
Inverter supplier to begin installing its 1000NX inverter across Swinerton Renewable Energy projects throughout North America later this year.
