The PV module technologies provider will participate in the U.S. government program, which evaluates innovative sustainable building technologies.
The companies who brought the suit must also pay around 1.2 million in legal costs and administrative expenses to the Spanish state.
The investment is set to bolster the leading U.S. O&M services group and provides Oaktree with a foothold in “a nascent industry with enormous growth potential.” Solarrus has also appointed a new chief executive.
German-made PV modules make up the four top leading brands among German PV installers, according to the latest European PV InstallerMonitor. Direct procurement from manufacturers, however, is on the decline.
The investment allows Powerhive to expand its renewable microgrid development using its propriety technology and supply affordable and reliable electricity to off-grid communities in emerging markets.
Huawei is partnering with two state-owned Chinese companies on an ambitious but scarcely detailed PV project in Europe that looks likely to employ the company’s FusionSolar smart PV solution.
As part of its largest contract to date in the United States, JinkoSolar will supply more than 3 million solar PV modules to sPower for use in various projects that are to be built before the end of 2016.
The Australian Renewable Energy Agency may make another $100 million of grants available in a new round of funding for large scale solar projects in Australia following the overwhelming response to its latest program.
Government officials, public sector stakeholders and regulators will gather next month in Cairo for a special summit aimed at engaging investors and developers for a slew of major energy and infrastructure projects.
Provisional results from the worlds largest inverter maker show revenue growth and a return to profitability in the second half of 2015, after two and a half difficult years.
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