Is the oil price slump a boon for solar?
As global oil prices hit a five-year low, the fossil fuel industry is facing a gathering storm that could spell great news for the solar power industry.
Kong Sun to boost Chinese DG PV by 600 MW
The Hong Kong-based investment company is to collaborate with Chinese EPC Wuxi Liansheng on the development of the distributed solar projects.
Loans approved for 350 MW Morocco solar projects
The African Development Bank (ADB) has approved loans totaling nearly $250m for phase II of the Ouarzazate CSP solar complex project in Morocco.
Abundance launches RE shared ownership platform to UK market
The ethical direct investment platform announces launch of U.K.’s first shared ownership platform that links renewable energy developers with communities.
One in five of all Australian households now using solar
One out of every five Australian households are turning to solar energy for their electricity or hot water, new data has revealed.
NextEra Energy and Hawaiian Electric to "merge"
A $4.3 billion deal has been announced today that will see NextEra and Hawaiian Electric Industries merge. NextEra will pay $2.6 billion for the Hawaiian utility, and assume $1.7 billion of the utility’s debt.
Renewable energy veterans launch new resource efficiency finance company
Generate Capital, co-founded by Jigar Shah and a host of renewable energy industry veterans, pioneers infrastructure-as-a-service model.
SunEdison signs 39.5 MW of solar power contracts with housing authorities in Massachusetts
At least 11 PV plants will supply power to public housing through the state’s virtual net metering program. SunEdison estimates savings of US$60 million over 20 years.
Dutch solar simulator startup raises 2 million
Eternal Sun, a spin-off from Delft University of Technology in Holland has announced that it has raised 2 million ($2.5 million) in A round financing to continue rolling out its solar simulator technology. Belgian’s Vermec is the investor.
Canada clean energy sector employs more people than oil sands
Investment in renewable energy tops CAD$25 billion in the past five years, pushing employment in the sector up by 37%.
