USD 300 million partnership between SolarCity and Credit Suisse
The Swiss financer has agreed to a new fund with SolarCity to finance USD 300 million in residential solar projects across the U.S., as SolarCity continues to develop influential partnerships ahead of its proposed merger with Tesla.
China unveils 5.16GW of PV under poverty relief scheme
The Chinese government has announced the first set of projects to be built under its PV poverty alleviation program.
Singapore launches 40 MWp solar tender
The Housing and Development Board (HDB), an agency under the Ministry of National Development, will accept bids until December 30.
Oxford PV gets more investment in fresh round of funding
The British perovskite research startup has now attracted GBP 21.3 million (USD 27 million) investment over the last 18 months, which the company is using to bring the commercialization of perovskite PV technology closer to realization.
Trina Solar breaks multicrystalline silicon solar module efficiency record
The Chinese PV manufacturing heavyweight achieved an aperture efficiency record of 19.86%, which is up a significant 0.7% from the previous record of 19.14%, as the trend in the industry is for continuing efficiency improvements across all solar cells and modules.
California launches plan to align grid transformation efforts
Through the Distributed Energy Resources Action Plan, regulators will attempt to mold several disparate dockets and initiatives to meet long-term goals.
Solar not to blame for UK's renewable subsidies overspend
Solar only accounted for 6% of the GBP 2 billion (USD 2.46 billion) renewable electricity subsidies overspend under the Levy Control Framework, as revealed in a National Audit Office report, although solar bore the brunt of the consequences for the overspend.
Tesla strengthens Panasonic solar bond with cell and module collaboration
The two firms have signed a non-binding letter of intent to collaborate on the production of solar modules and cells at Tesla’s Buffalo facility. Deal rests on completion of Tesla’s SolarCity acquisition.
IEA set to raise solar forecast
The International Energy Agency (IEA) is due to release its annual report in a couple of weeks, and the agency has said that it will be “significantly” raising its outlook for solar and wind installations, as more countries have been adopting climate change policies.
Suntech withdraws from EU price undertaking
Manufacturer of solar modules becomes latest Chinese firm to voluntarily walk away from the EU’s minimum import price undertaking as average selling prices continue to fall globally.
