In this week's segment, PV Tech reports on energy storage in Australia, acquisitions in India, and policy-makers in the US, in a round-up of the most dynamic employment stories over the last fortnight.
A number of finance experts have confirmed that securitisation may be feasible in the near future for the US solar market, due to the maturity and low-risk nature of the industry.
Yieldco 8point3 Energy Partners has entered into an agreement with SunPower to acquire a 49% stake in Pacific Gas & Electric’s 102MW Henrietta solar project for US$134 million.
The Nevada Public Utilities Commission’s (PUC) recent decision to grandfather 32,000 customers into pre-existing favourable rates structure has created a significant business opportunity for local installer Sunworks, and according to the company, is the next step to restoring the residential sector.
The US Trade and Development Agency (USTDA) has awarded a grant to SolarReserve South Africa to advance their ‘Urban Solar Farms’ initiative in South Africa.
d.light, a solar solutions provider for communities without access to reliable power, has secured US$22.5 million in new financing to grow its PayGo business into additional off-grid territories.
Hawaii regulators have approved a tariff for Hawaiian Electric Companies (HECO) to establish interim time-of-use (TOU) rates in the utility’s biggest base rate increase in almost six years.
Los Angeles is the latest US city committed to achieving 100% clean energy after its city council approved a motion to chart a roadmap for its zero emissions future.