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Obama Administration to unlock PACE as part of 1 GW program for low- and mid-income solar

The Federal Housing Authority and Veterans Administration are issuing guidance for the residential clean energy financing programs, in an effort to lift roadblocks to PACE nationwide.

Deutsche Bank: U.S. utility-scale solar costs to fall below $1 per watt

The bank says that lower-than-expected U.S. demand coupled with significant new module supply is leading to greatly reduced costs and prices in the U.S. market.

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Mercom: Battery storage, smart grid VC investments double in Q2 2016

While there has been a downturn in solar funding, battery and smart grid investments had a very strong quarter.

Hawaii nixes NextEra takeover of Hawaiian Electric Companies

Failure to make adequate commitments to clean energy and distributed generation in particular are among the reasons Hawaiian regulators shot down the deal.

Kaco New Energy restructures Germany site, eyes global opportunities

The German inverter supplier to cut 80 jobs at its Neckarsulm HQ as part of restructuring process, some roles to be transferred to the firm’s U.S. and South Korean operations.

British fossil fuel energy veterans invest in storage startup Moixa Technology

Three former bosses of large U.K. energy firms confirmed as private backers of new London-based battery technology provider Moixa Technology.

Crew aboard the International Space Station is testing new 3D solar cells

The wordy NanoRacks-Earth Abundant Textured Thin Film Photovoltaics investigation is looking into a new design of 3D PV cell, which should, in theory, absorb sunlight more efficiently, while also investigating the effects that space has on the new technology.

UK and Germany fossil fuel subsidies undermining Paris deal, says UN

Climate change envoy critical of Germany’s coal compensation and the U.K.’s tax breaks for oil and gas as concern grows over lack of tangible progress post-Paris among many leading nations.

SolarWorld under pressure to find resolution to Hemlock court case

IHS Senior Research Director Ash Sharma spoke to pv magazine to give his take on the SolarWorld and Hemlock Semiconductor initial ruling last week, and how the two companies are likely to proceed from here, expecting that SolarWorld is feeling the pressure to come to an agreement quickly.

SolarCity raises $345 million in tax equity

The U.S. distributed solar market leader’s capital markets team has raised more than US$1.5 billion so far in 2016, despite a depressed stock value.

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