Investment in small-scale solar during the second quarter of 2015 was up 29% on the previous year, going against a ‘lag’ in investments in clean energy globally, according to new Bloomberg New Energy Finance (BNEF) figures.
Renewables including solar are expected to account for 26% of total microgrid capacity in the US by 2020, up from just 6% today, according to GTM Research’s latest report.
Solar developer First Solar has agreed to sell power at US$0.0387/kWh, thought to be the lowest electricity price ever, from a 100MW solar plant to utility NV Energy, according to a filing with the Public utilities Commission of Nevada.
The California Public Utilities Commission (CPUC) has opted to introduce a time-of-use (TOU) based system for state utilities to charge customers for electricity and has rejected a fixed monthly charge that was seen as a barrier to rooftop solar.
The government of Brazilian state Pernambuco is in negotiations with two unnamed solar panel manufacturers to set up facilities in the state, according to a local report.
Business conglomerate Adani Group has signed an agreement with utility Tamil Nadu Generation and Distribution Corporation (Tangedco) to set up a 648MW solar park valued at INR45.4 billion (US$715 million) in the Indian state of Tamil Nadu, according to local reports.
The Brazilian State of Pernambuco is considering launching a second solar energy auction after a number of delays to the winning projects from its first auction, according to local reports.
The Solar Energy Corporation of India (SECI), the body charged with delivering the country’s flagship solar programme, is to be renamed and given a wider remit for developing renewable energy in India.
