Spruce Finance, a provider of consumer financing for residential solar and home efficiency improvements, has closed a US$105.4 million round of debt financing with Investec and Silicon Valley Bank (SVB) as the lead arrangers.
Brazil’s solar industry will still see strong growth despite the cancellation of Brazil’s only solar and wind auction this year, representatives of ‘Silicon Module Super League’ (SMSL) member Canadian Solar have told PV Tech.
A groundbreaking ceremony for a 16.5MW PV project was held Tuesday at Joint Base McGuire-Dix-Lakehurst (JB MDL) — a tri-service military base in central New Jersey.
US-Based wafer producer 1366 Technologies and ‘Silicon Module Super League’ (SMSL) member Hanwha Q CELLS have jointly hit a new record of 19.6% efficiency for cells using the 'Direct wafer' process.
UPDATED: The minimum import price (MIP) for solar products being sold into the EU will drop significantly in 2017, according to official correspondence seen by PV Tech.
Indian firms Adani and Azure Power have won 50MW solar capacity each in the state of Andhra Pradesh, in an auction with local content rules, according to consultancy firm Mercom Capital Group.
Indian minister for energy and mines Piyush Goyal has said that the whole world laughed at India when it announced its plans to reach 100GW of solar power by 2022. Azure Power progresses on 14MW rooftop for Delhi Metro. Fonroche divests from India to focus on Latin America.
A database of projects involving integration of renewable energy into the grid has been launched by Energy Networks Australia (ENA) and the Australian Renewable Energy Agency (ARENA) to help collaboration between the renewables industry and grid operators in Australia.
The India government and the US Government’s development finance institution, the Overseas Private Investment Corporation (OPIC), have launched a US$20 million finance initiative to fund renewable energy projects in India.
