Pay to own residential solar reaches 100,000 customers in Uganda
Fenix International, a silicon-valley technology company backed by venture capital, today announced that it has sold its solar financing model to 100,000 residential customers in Uganda.
The pv magazine weekly digest
Another big week for solar, as we are inundated with full year statistics from 2016, and the first of 2017’s major industry trade shows gets underway.
Spruce raises US$445 million investment for 2017 projects
Spruce Finance, which provides consumer financing for residential solar and energy efficiency projects, has raised a total of US$445 million dollars in tax equity and project debt transactions to support its activities in 2017.
Asia Pacific will be global leaders in clean energy in 2017, say Frost & Sullivan
A new report published by market analysts Frost & Sullivan expects outlook for clean energy markets to remain positive in 2017, in the face of global uncertainty. The report also states that Asia will lead the economically driven expansion of clean and green energy technologies.
Argentine province confirms financing for solar projects
PV projects in Mendoza awarded under the RenovAr program with 85% local content will be able to obtain financing through the FONDEAR Fund.
German development bank restarts subsidy for PV + storage
Kreditanstalt für Wiederaufbau (KfW), the development bank owned by the German government, today announced that it will restart subsidy payments for PV + storage applications within Germany.
Solar provides 4.3% of Japan’s electricity during 2016
The latest data show solar taking an increasing role in Japan’s energy mix, however several provinces are nearing caps on PV capacity eligible for reimbursement for curtailed power.
Mercom: US$736 million invested in India’s solar sector in Q4 2016
The nation saw substantial debt, public markets and project funding during the final quarter of 2016, including the first Indian solar developer to go public.
MESIA solar awards winners announced at WFES
U.S. company Array Technologies and Indian EPC Sterling & Wilson were amongst the winners of the Middle East Solar Industry Association’s (MESIA) annual awards ceremony, which was presented at the World Future Energy Summit (WFES) 2017 being held in Abu Dhabi.
PVMA figures show 75 GW of solar PV was installed in 2016
The PV Market Alliance has released its official solar installation figures for 2016, which, with a total of 75 GW installed, show a 50% growth from 2015, mainly driven by a mammoth year of installations in China, although the future would seem less auspicious as the two biggest markets show signs of retraction.
