Generate Capital, co-founded by Jigar Shah and a host of renewable energy industry veterans, pioneers infrastructure-as-a-service model.
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.
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.
Investment in renewable energy tops CAD$25 billion in the past five years, pushing employment in the sector up by 37%.
Relentless cost reductions will allow solar to prosper in the UK without support schemes as early as 2020, finds a report from think-do tank Thema1.
Revised full year forecasts from the world’s leading solar module manufacturers prompt top 10 reshuffle, according to newly combined Solarbuzz and IHS.
PV arrays coupled with battery storage systems are becoming the “new normal” in Australia’s wide-open spaces. The number of installations continue to increase as governments and businesses begin to realize the new reality of off or edge-of-grid solar+storage affordability.
A lack of ambition across the sector has hindered solar PV’s growth in this sun-rich country, with only the small-scale rooftop sector likely to expand over the coming years.
The US Department of Energy will back all breakthrough research and development projects that advance solar PV to the tune of $9 million.
The Taiwanese solar cell maker expresses relief at the deal, having suffered Q3 losses as a result of the U.S.-China trade dispute.
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