Residential investment in generation and storage expected to top $625 billion by 2023
The residential generation market is likely to expand as distributed energy resource technologies mature, accrording to Navigant Research.
REC Solar expands footprint in Hawaii to 27 MW
REC Solar has completed six new solar projects for Dole Plantation and W.M. Keck Observatory. In June, it began construction of a 14.53 MW project that is on track to be the largest PV system in Hawaii when completed.
Goldman Sachs facilitating low-interest solar bonds in Japan
With interest at the 1% level, bonds are proving cheaper than bank loans and fulfilling strong demand for long-term A-rated notes in the country.
Australia: Rooftop solar future boosted as Labor pledges support
Australian opposition leader Bill Shorten has blasted the recent recommendations made by the government-appointed review panel headed by businessman Dick Warburton and pledged continued support for rooftop solar, RenewEconomy reports.
Newly established Solara takes over CentroSolar's off-grid unit
A management buyout has led to the formation of the new company and its acquisition of insolvent CentroSolar’s Stand Alone System division.
Pico solar, solar home systems expected to reach $2.1 billion in annual revenue by 2024
PV consumer systems provide new alternatives to kerosene lighting in the developing world, reports Navigant Research.
Duke Energy commits to 278 MW of solar PV in North Carolina
Following on its February RFP, Duke has announced that it will acquire and construct three PV plants totaling 128 MW, including the largest PV project east of the Mississippi River, and sign PPAs with another five totaling 150 MW. This will increase the existing PV capacity in North Carolina by 44%.
Duke Energy commits to 278 MW of solar PV in North Carolina
Following on its February 2014 RFP, Duke plans to acquire and construct three PV plants totaling 128 MW, including the largest PV project east of the Mississippi River, and sign PPAs with another five totaling 150 MW. This will increase the existing PV capacity in North Carolina by over 50%.
Brighter skies leading to 5% PV yield increases
New research from Germanys Fraunhofer ISE has shown that brighter skies are leading to PV system output exceeding forecasts by 5%. Fraunhofer has adjusted its forecast models accordingly.
Massachusetts utility-scale PV sector in danger
The U.S. state of Massachusetts has proposed not setting aside any capacity in 2016 for traditional solar PV projects larger than 650 kW under the new SREC II program. The state’s solar industry warns that this will have major impacts.
