Internet giant Google is to provide US$145 million equity finance for an 82MW US PV project in the portfolio being operated by SunEdison’s spin-off yield co, TerraForm.
Industry body the Australian Solar Council has upped its campaign to ‘Save Solar’ and safeguard the country’s Renewable Energy Target (RET) through a new television advert.
Trade body the European Photovoltaic Industry Association has called on the European Council to set binding renewable energy targets for individual EU countries at its next meeting.
The “pure economics” of solar in relation to increasingly costly fossil fuels will ensure a central future role for the technology in the world energy mix, according to Citigroup.
China underlined its position as the new world solar superpower last year by raising more in PV financing than the whole of Europe, according to the Global Renewable Energy Report 2014.
The Canadian province of Ontario is preparing to install a variety of new energy storage technologies after finalising details of a 34MW grid storage trial.
Predictions that Germany will lose its place as Europe’s largest PV market this year appear to be playing out, with the country registering just over 1GW of new capacity in the first half of 2014.
PV manufacturer Kyocera has identified a slowdown in its Japanese solar business as one of the factors behind a fall in income in the first quarter of 2014.