Eight new PV plants — totaling 67.3MW of capacity — have been added to North Carolina’s energy portfolio, boasting the “Tar Heel State’s” overall capacity to 103.5MW for the partnership between Sol Systems, National Cooperative Bank (NCB) and Strata Solar.
Utility solar systems in the US offer significant cost and environmental benefits over rooftop residential PV systems due to higher electric output and economies of scale, research suggests.
Public market financing of solar companies reached a record US$2.3 billion in the second quarter of 2015, bucking an overall downward trend in corporate solar funding during Q2.
Zep Solar, the US rooftop PV mounting systems specialist backed by SolarCity, will launch its products into the UK market later this year, the company has told PV Tech.
Bluefield European Solar Fund (BESF), a new solar investment vehicle to be advised by Bluefield Partners, has announced its intention to list on the London Stock Exchange and raise €200 million (US$220 million) for PV acquisitions.
Developer Sky Solar has announced that the Inter-American Development Bank (IDB) has approved US$55.7 million loan to finance the construction, operation and maintenance of six PV plants and their connected facilities in Uruguay. The China Co-Financing Fund and the Canadian Climate Fund for the Private Sector, both led by IDB, will also offer additional loans of US$19.3 million and US$10 million, respectively.
Solar companies in the Philippines are planning to push the country’s government to quadruple the amount of solar qualifying for its feed-in tariff scheme, according to reports.