Tom Kenning

The US state of North Carolina has passed the 1GW milestone for installed solar capacity, according to figures from the NC Sustainable Energy Association (NCSEA).

German EPC service contractor IBC Solar is moving into PV project development and financing in India.

Fourth Partner Energy (4PEL) a Hyderabad-based company developing distributed solar power, has raised around US$2 million in financing, enabling the firm to offer more financing options to its clients.

US-based utility AES Distributed Energy has filed for an asset-backed security (ABS) with the Securities and Exchange Commission.

The Maharashtra Electricity Regulatory Commission (MERC) has officially approved its net metering policy for rooftop PV in the state.

The removal of Tony Abbott from his premiership along with the arrival of Malcolm Turnbull as the new prime minister of Australia and various government appointments related to renewable energy have been welcomed by the Australian Solar Council.

Chile had 597MW of operational solar PV capacity at the end of August, up 46MW in the two months since the end of June when operational capacity stood at 553MW.

Brazil’s Ministry of Mines and Energy (MME) has introduced a new solar PV target of 7GW capacity by 2024, almost doubling its previous target.

ThomasLloyd CTI Asia Holdings, a wholly-owned subsidiary of global investment banking and investment management group ThomasLloyd, has sold the rights to two solar projects on Negros Occidental in the Philippines with a combined capacity of 80MW.

OEM giant Flextronic’s acquisition of tracking manufacturer NEXTracker could help it take advantage of an expected boom in utility-scale solar installations in the US ahead of the drop in the Investment Tax Credit (ITC) at the end of 2016, according to a leading industry analyst.