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VC funding for green energy reached record high in 2016, finds BNEF

Data from Bloomberg New Energy Finance reveals total of $834 million steered towards the global clean energy industry last year, marking the third consecutive annual increase.

The pv magazine weekly news digest

With record-breaking announcements, job losses, company reshuffles and top-down branding decisions, it’s just another typical week in the fast-paced world of solar PV.

Solar and EVs to grab 10% of fossil fuel market share within decade, says study

Carbon Tracker and Imperial College London report calls solar power and electric vehicles ‘game changers’ whose potential impact is consistently underestimated by large utilities.

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Mercom: Battery storage funding shifts to deployment

The latest report by Mercom Capital shows that while debt and public market financing for battery storage companies declined in 2016, that battery storage project funds raised $820 million during the year.

TerraForm Power, Global get serious with Brookfield

The two yieldcos have entered into an exclusive agreement with Brookfield towards a purchase of the company, and entered into an MOU with SunEdison towards settling lawsuits to enable this sale.

Meteorology matters: An interview with Vaisala’s Gwendalyn Bender

Interview: Financiers are cautious. They would rather not finance a project than risk their investment in betting on the weather. As a result, many promising projects are not realized. Gwendalyn Bender, Vaisalas Head of Solar Product Development explains how to reduce uncertainty and improve financing probabilities and conditions.

The pv magazine weekly digest

Another big week for solar, as we are inundated with full year statistics from 2016, and the first of 2017’s major industry trade shows gets underway.

Asia Pacific will be global leaders in clean energy in 2017, say Frost & Sullivan

A new report published by market analysts Frost & Sullivan expects outlook for clean energy markets to remain positive in 2017, in the face of global uncertainty. The report also states that Asia will lead the economically driven expansion of clean and green energy technologies.

World Bank unveils Global Solar Atlas

The international financial institution is offering the free, web-based resource in collaboration with the International Solar Alliance

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BNEF predicts “revolution” in the power sector due to low-cost renewable energy

In their 10 predictions for 2017, Bloomberg New Energy Finance’s chair and chief editor argue that we are entering a phase where low-cost renewable energy will come to define the power system, despite ideological and financial headwinds.

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