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.
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.
Carbon Tracker and Imperial College London report calls solar power and electric vehicles ‘game changers’ whose potential impact is consistently underestimated by large utilities.
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.
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.
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.
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.
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.
The international financial institution is offering the free, web-based resource in collaboration with the International Solar Alliance
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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