Plus, Italian developers continue to dig deep for their health service, the pandemic piles on problems for a debt-saddled Chinese company and analysts consider whether there will be any money left for a green economic recovery after the dust settles.
Portugal set a new coal-free record because of the pandemic as Belgium and Israel moved to help the renewables industry. But there was grim news in Mexico and Turkey, and Bangladeshi clean energy firms have appealed for more assistance.
The cash injection from Tech CU will fund the installation of ‘tens of thousands’ of the Californian manufacturer’s solar panels on residential rooftops over four years, according to the company.
Even as global PV forecasts fall, tax equity dries up and unemployment rises, investor Jim Spano believes the right type of government stimulus could not only help the solar industry recover – but drive it to new heights.
At the 21st AEF, held last week in Lisbon. pv magazine had two journalists on the ground and here reports on five key findings.
Wood Mackenzie notes that new investors and sources of capital are chasing down a limited supply of viable U.S. solar projects and sees tightening targets, expanding project appetite, and evolving techniques.
A report published this week by EU trade body Solar Power Europe puts emphasis on innovative business models and financing schemes as the key drivers taking solar to the next stage in its development across the continent.
It was not a pretty year for solar finance, but some sectors remained unscathed.
With this action the independent power producer has halved the value of its outstanding bonds, and will reduce its annual interest costs by 50%.
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