India’s National Solar Mission has outlined the annual targets required between now and 2022 if the nation is to hit its goal of installing 100 GW of solar PV capacity by that date.
US solar manufacturer and project developer SunEdison has successfully raised a significant part of the cash required to complete its acquisition of wind project developer First Wind. Company has raised US$590m in cash through sales of shares and a credit facility for the acquisition.
On July 12, Italy reached its 6 billion photovoltaic feed-in tariff funding limit. On Friday 13, the energy agencys official counter showed just under 6 billion worth of funding for plants. By Monday 16, it was sitting at 6.06 billion. If the funds continue to be consumed at this rate, the money allocated for the Conto Energia V will be used up before the end of August.
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