Yesterday the New York Public Service Commission (PSC) approved a new rate structure for distributed energy resources (DER) that is set to more accurately value and compensate for solar, while also boosting energy storage and community solar.
This week's Movers & Shakers segment sees big waves in Europe with a new president for SolarPower Europe and Lightsource hiring a new strategy officer in its move to evolve from a pure solar company to a global energy leader. There's resignations in some of Asia's biggest module manufacturers including Trina Solar and Yingli Green, and the Coalition for Community Solar Access celebrates its first anniversary and talks to PV Tech on how to keep the community solar boom going.
San Diego, California-based residential solar company OneRoof Energy has entered into an agreement to sell its residential solar assets to Greenbacker Residential Solar for US$8 million in cash.
Egyptian renewable energy provider Infinity Solar and Germany’s ib vogt and Solizer have reached financial close on a 64.1MW solar PV plant under round one of Egypt’s Feed-in Tariff (FiT) programme.
News in Brief: The governments of India and Portugal sign an MoU on renewable energy development, solar arrays are installed at MSU and State College, PA, African gold mine IAMGOLD corp signs a PPA for a new solar facility, and a Hawaiian food bank is making big savings with its new solar system.
Last week the EU’s Africa Renewable Energy Initiative announced 14 new renewable energy projects across the continent, representing 1.7GW, with a total potential investment of almost €4 billion.
South Korean PV specialist DNE Solar has signed a framework agreement with German inverter manufacturer KACO New Energy for the delivery of 300MW of string inverters.
Spain-headquartered solar tracker designer and manufacturer STi Norland has signed an agreement with project owners EDF Israel and Clalsun together with Belectric Israel to provide 35MW of its single-axis trackers for the Ashalim PV project.