SolarCity, the largest US residential solar installer, has started offering loans directly to homeowners to buy its PV systems that the company claims could undercut prices set through power purchase agreements (PPA).
Although some areas could hit wholesale grid parity by as soon as 2018, most large-scale wind and solar deployment in Europe will still require subsidies over the next 20 years, according to the study from consultancy Pöyry.
Kyocera has launched another joint venture (JV) company to develop a number of PV projects in Japan, this time with Japanese lending institution, Mitsubishi UFJ Lease and Finance and a construction firm, Takenaka.
Canadian Solar has sold three large-scale solar PV plants to TransCanada, the oil and energy infrastructure company that is also behind plans for the controversial Keystone XL tar sands oil pipeline.
A hybrid solar and wind farm with a combined generation capacity of 56MW, built by a consortium of companies including Mitsui Chemical and Toshiba in Japan has begun commercial operation.
The Japanese government has confirmed that it will review the current feed-in tariff programme for solar and wind, due in part to fears over lack of available grid connection and a bottleneck of large-scale projects.
A joint venture involving GE Energy Financial Services has secured a loan worth more than US$800 million for the building of Japan’s largest solar power project to date.
US residential leasing and installation provider Sunrun has announced a major plan to add 800 new employees across the country and open or expand its operations in four states.
Japanese telecoms giant Softbank has revealed a plan to build a 5.8MW solar farm in Hiroshima through its renewable energy projects division, SB Energy.
Energy storage may not be cost effective in Germany in helping the transition to a higher grid penetration of renewable energy until that penetration level reaches as high as 90%, according to a leading think tank.
