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.
Australia’s Clean Energy Finance Corporation (CEFC) has been told by Prime Minister Tony Abbott that it can no longer invest in rooftop solar and wind projects.
Griguol Impianti Elettrici is at an advanced stage of constructing the world’s largest bifacial PV system ‘La Hormiga’ at 2.5MWp in Chile, using technology from Italy-based module manufacturer MegaCell, which is part of Mega Group.
Shi Lei, VP of HT-SAAE, a leading dedicated monocrystalline solar cell and module producer, sees growing demand across multiple markets for high-efficiency modules and explains what is driving its sales growth.
The revised US trade duties on Chinese solar panels have created further ambiguity with SolarWorld welcoming the changes, even though the world’s top two producers appear to have benefitted from the changes.
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.
PV manufacturer Wuxi Suntech, a subsidiary of Shunfeng International Clean Energy (SFCE) has reported verified solar cell efficiency gains for its recently introduced monocrystalline and multicrystalline ‘HyPro’ silicon solar cells.
