Dutch pension fund PGGM invests €200 million in SolarCity’s project portfolio
The Dutch fund will invest in a portfolio of solar projects of Tesla’s solar unit. The projects are spread across 21 U.S states and have a combined capacity of 275 MW.
Sweden allocates $25.6 million for solar rebates in 2017
The Swedish Energy Agency Energimyndigheten has allocated 225 million SEK ($25.6 million) for the support of solar energy in 2017. The funds will be used for the country’s solar rebate program.
Engie issues €1.5 billion green bond, eyes Belgian residential PV segment
The French energy giant has issued its second green bond to sustain its expansion into the renewable energy sector. The €1.5 billion bond will also be used to finance solar projects. Meanwhile, the company has started to target the Belgian commercial PV market.
Chile registers increase in PV installations for self-consumption
PV systems installed under Chile’s net-metering scheme have reached 6.4 MW. The Chilean government has recently made it easier to install small-sized PV for self-consumption.
Sunrun grows, captures more market share in 2016
The third party solar company’s quarterly results show its 2016 deployments growing at double the rate of the U.S. residential market, as Sunrun begins offering energy storage and changes its relationship to utilities.
France to introduce new regulation for self-consumption
France’s Parliament has given final passage to a law that regulates the installation of renewable energy systems for self-consumption. The new legislation will provide a clear regulatory framework for the grid-connection of these installations.
Delhi places rooftop PV at heart of new Solar Policy
The Indian capital’s 2016-2020 solar policy lays out detailed guidelines to increase the city’s solar footprint, including making it mandatory for all large government buildings to adopt PV.
Colombia issues legislation for self-consumption
The Colombian government has published the decree that regulates the installation of renewable energy and solar power systems for self-consumption. The new regulation, which applies to systems up to 100 kW, simplifies the procedures for grid-connection and sale of excess power.
