Spain's government approves the sun tax
A new self-consumption decree states that installations up to 100 kW provide electricity to the grid as a gift. High taxes are spared only partially for systems up to 10 kW and plants on islands off the coast of Spain.
All Energy: Hunt leaves door open for storage subsidies
Australian Minister for the Environment Greg Hunt appears to be shaping towards initiating subsidies for the installation of battery storage. The Minister addressed attendees on the opening day of the All Energy trade show in Melbourne yesterday, indicating that new programs to support cleantech deployment may be forthcoming, declaring that energy storage is the new black.
GE creates $1 billion energy startup, 200 new jobs
With the aim of “transforming” the energy sector, GE has bundled its LED, solar, energy storage and electric vehicle businesses into an over US$1 billion new startup. Current will utilize GEs Predix platform to deliver “energy-as-a-service” to a range of customers.
Energy Storage Systems secures $3.2 million flow battery VC funding
Pangaea Ventures invests in the Oregon-based developer’s All-Iron Redox Flow Battery as part of a wider $4.5 million round of fundraising the company has secured to aid production ramp up.
IRENA calls for energy roadmaps to integrate renewables
IRENA has released a new report outlining measures for the development of national roadmaps to assist in the transition to renewables in a countrys power grid. Policy makers will need play a central role in successfully transforming power sectors, while stakeholder engagement is crucial.
Singulus lowers 2015 forecast despite solar sales uptick
German equipment manufacturer’s optical disc segment failing to meet expected demand, forcing an overall revision downwards of revenue for the year despite sales in solar segment expected to double.
UK: First round of solar job losses announced as FIT cuts bite
Solar panel insulation company Mark Group calls in administrators as 939 staff made redundant following decision by SunEdison to offload the subsidiary as it exits U.K. market; company directly blames FIT cuts.
The pv magazine weekly news digest
The race for solar panel efficiency heats up, SunEdison goes for a more streamlined model, Europe wants to nip the MIP in the bud, and Germany lends a helping hand to India.
Global solar investment shows flat growth in Q3 2015
Bloomberg New Energy Finance reports a 1% year-over-year fall in global solar investment to $43.9 billion, but notes distortion by currency effects.
Vector Cuatro acquires 83 MW in UK
The newly acquired assets in Britain add to Vector Cuatro’s growing portfolio of solar PV plants under management in three continents and already exceeding a total of 980 MW.
