Canadian-UK funding for pilot smart grid solutions
A competition backed by public funding from the governments of the two nations is seeking proposals for projects that will help electricity grids transition to clean and flexible energy.
New products contribute to another record year for sustainable finance
BloombergNEF figures show financial vehicles linked to environmental and/or social benefits amounted to $247bn worldwide in 2018. The US led the way, almost entirely because state-backed mortgage provider Fannie Mae issued $19.8bn worth of green home loans.
Another NY legal firm files class action against JA Solar
Bronstein, Gewirtz & Grossman LLP claims JA Solar intended to relist on the Shenzhen exchange after merging with its holding company in July, but did not outline that intent when it asked U.S. shareholders to vote on the planned merger.
PV Evolution Labs to go it alone again outside DNV GL
The PV panel testing company has left the fold four years after being acquired by DNV GL. Insiders have stressed the move should not be problematic as PVEL was allowed a degree of independence after it was acquired.
Law firm says JA Solar’s Nasdaq stockholders were left out of pocket by ‘backdoor listing’ in Shenzhen
A New York-based legal practice is preparing a class action lawsuit against the Shanghai-based manufacturer after it delisted from the NY exchange in July and then reappeared on its Chinese counterpart.
Financing Indigenous-partnered renewables in Alberta
Promoting the full inclusion of Indigenous peoples in Alberta’s renewable energy market is a key facet of the Alberta Climate Leadership Program. To achieve this, the Alberta Government has allocated CA$151 million, equating to around 2.8% of projected carbon levy revenues, to support Indigenous community participation in renewables over the next three years.
US on cusp of unprecedented solar boom
U.S. developers have applied to build 139 GWac of large-scale solar projects in the territory of six grid operators – around five times what is currently online across the country – and that figure doesn’t even cover the entire United States. By any metric, we are looking at an unprecedented boom in solar development over the next five years.
Midsummer picks up $7 million order for new CIGS factory in China
Sweden based CIGS equipment supplier Midsummer has received an order worth more than $7 million for its production equipment. The order was placed by U.S. based manufacturer Sunflare, for a new factory under construction in China.
US solar stocks dragged down as market falls
The biggest crash in the U.S. stock market in the last 10 years has hit solar stocks, but for the solar coaster this is nothing new.
Pennsylvania’s largest solar farm to power Philly government buildings
The 70 MW Adams solar farm will be by far the largest in the state when completed in 2020 and its electricity will power 22% of the demand from Philadelphia government buildings.
