Solar Mosaic, a former crowdfunding start-up that has emerged as a major provider of residential solar financing solutions, said on Wednesday that it had secured US$200 million in funding that will support at least 5,000 rooftop PV installations.
Abengoa, which entered insolvency proceedings last November, has been granted bankruptcy protection under Chapter 15 over the objections of a group of insurance companies who claimed the Spanish renewables company’s talks to restructure billions in debt was unfair to US creditors.
Mississippi Power and Silicon Ranch Corporation, along with local officials from the city of Hattiesburg, Forrest County and the Area Development Partnership held a groundbreaking ceremony on Wednesday for the state’s largest PV project in Hattiesburg.
Off-grid solar specialist Nova-Lumos has received a £150,000 grant from the SolarNigera Programme (SNP), an initiative of the UK’s Department for International Development (DfID) implemented by Adam Smith International, to help accelerate its operations in northern Nigeria.
SunEdison can emerge from the other side of the restructuring process following its Chapter 11 filing under the US Bankruptcy Code, according to Raj Prahbu, CEO of market intelligence firm Mercom Capital Group.
Toshiba Mitsubishi-Electric Industrial Systems Corporation (TMEIC) announced that its first order of its new Solar Ware Samurai Series inverters will be utilised for juwi’s Bison Solar 30MW project in Wellington, Colorado.
New York Governor Andrew M. Cuomo announced the next stage of the US$40 million NY Prize microgrid competition, which seeks to modernize the state’s electric grid, help neighborhoods cut costs and promote clean energy.