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community solar

Renesola rebounds from loss with Q2 profit but loan looms large

The project developer trumpeted its return to the black in the second quarter and appears set to secure an $11 million cash injection from its main shareholder. It needs the cash to help settle a near-$29 million debt due for repayment in March.

EY blog warns grid operators ‘the clock is ticking’

The energy transition is accelerating, Ernst & Young global energy leader Benoit Laclau has warned grid operators, thanks to the confluence of digitization, decentralization and decarbonization. Traditional utilities must get with the program or be swept aside.

ReneSola needs to sell projects as Romanian loan deadline looms

The Shanghai company’s decision to go forward as a pure play developer puts it at odds with its peers and the diminishing margins reported in its Q1 figures illustrate why it may prove to be a high-stakes gamble to bet against manufacturing.

City of Sydney sets 100% renewables target

With solar panels already installed on dozens of its buildings, the city of Sydney has upped the ante by vowing to source 100% of its electricity needs from solar PV and wind. The commitment was endorsed by city council last week, with a new 100% renewable electricity contract to be negotiated in the coming months.

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The Windy – or maybe that should be nuclear – City will go 100% renewable

Chicago may be the largest city in the U.S. to commit to 100% renewable energy and has set a 2035 target date. The famous city’s long association with nuclear power says a lot about the future of clean energy Statesside.

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EDF helps Londoners share solar power using blockchain

The CommUNITY project is being realized outside the U.K. regulatory framework, which does not permit power trading between electricity customers.

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Netherlands’ Brabant Province supports community solar with €25.8 million

The money will be used to support a joint rooftop project developed by 12 municipalities in Southeast Brabant.

UK cities and communities in line for £3m government funding

Local communities and cities to receive government aid to fund and manage green projects in government-backed bid to drastically reduce carbon emissions, reports the Guardian.

Minnesota’s solar market is growing fast (with chart)

Minnesota installed 203 MW-DC of solar during the first quarter, adding to 207 MW deployed in 2016. The state is expecting to reach more than 800 MW of installed capacity by the end of this year.

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