World Bank pledges $1bn for India's solar target
Following discussions between Indian Prime Minister Narendra Modi and World Bank chief Jim Yong Kim, record loan of $1 billion agreed to help fund Indias bold aim to install 100 GW of solar by 2020.
Every little helps for California's PV deployment
California is leading the way with inventive ways to deploy solar technology, as not only will San Franciscos bus stops be lit up with solar lanterns, but the HERO program has hit another major milestone, making energy savings equivalent to closing two coal power plants for a year.
UK clean energy groups welcome post-Brexit carbon budget adoption, but solar questions remain
Amid the ashes of the U.K.’s post-Brexit political landscape comes the reassurance that the government will adopt the fifth carbon budget, but solar sights appear to have been lowered once more.
Siemens to invest EUR1 billion in new startup unit
Siemens has announced the forming of a new dedicated startup unit, next47, with a war chest of EUR1 billion to be spent on it that will, among various other important innovations, focus on decentralized electrification.
San Diego to transition to net metering 2.0
SDG&E is the first of the states three large investor-owned utilities to hit the cap on the original program.
Positive PV outlook from EU PVSEC
The 21st century was lauded as the “solar photovoltaic century” at this year’s EU PVSEC as excitement builds within the industry and big capacity increases are forecasted.
Neo Solar Power: High-density solar modules on their way
Video: pv magazines Jonathan Gifford met with NSP Neo Solar Powers senior vice president Alex Wen to discuss NSPs transformation from solely a cell manufacturer into module manufacturing and downstream development.
Sungevity to go public through acquisition by asset management firm
The fifth-largest distributed solar installer in the United States will now be traded on the NASDAQ, which is expected to give it a capitalization of $607 million.
Sunrun increases rooftop solar credit facility to $245m
The U.S. residential solar company has secured an additional $40 million in working capital from investors to support the expansion of its rooftop solar projects, especially the New York market.
ABB to close Phoenix inverter fab, move jobs to Estonia and Italy
The Swiss power electronics firm will end manufacturing operations at the U.S. site, shifting an undisclosed number of jobs to Estonia and Italy later this year. Some sales and service staff will be retained in Phoenix.
