The founders of Israeli solar provider Arava Power Company have established a new business to develop solar projects in emerging markets outside Israel.
Solar accounted for 1.3% of electricity demand in 2011 across the European territories covered by umbrella grid operator body ENTSO-E, figures published by the organisation reveal.
German development bank KfW has signed off a €100 million loan to Morocco’s solar energy agency MASEN to build a CSP plant in the south-central area of the country.
A new “clean energy jobs fund” is to be created in California using money from a closed loophole that had allowed companies to avoid paying millions of dollars of tax in the state.
Energy management company Schneider Electric has secured over 100MW worth of projects in India with its new Conext Core XC Inverter in the three months since its launch.
