The US Trade and Development Agency (USTDA) is continuing its mission of funding priority development projects in emerging economies, this time by signing two grants that leverage US technology and investment to increase access to affordable, reliable electricity in Kenya.
Ecoligo is a Berlin-based crowdfunding start-up for solar projects in Africa’s commercial and industrial (C&I) market. Even though it is a company still very much in its infancy, it is already making waves by providing competitive alternatives to traditional bank loan products and connecting German private investors to tailored off-takers.
Recently bankrupt Sungevity has sold assets to Solar Spectrum, a newly-established solar firm backed by Minnesota-based private equity firm Northern Pacific Group.
Struggling China-based PV manufacturer Yingli Green Energy, which recently reported an annual loss of US$293.6 million and total debts of US$2.2 billion has received new demands from bondholders over looming payments and partial previous defaults.
News in Brief: SCE tops the SEPA rankings for the top solar capacity of utilities for the second year in a row, PG&E issues an RfP for renewable energy projects ranging from 0.5MW to 20MW, Canada's Solar Alliance acquires the entire LA residential solar pipeline of an undisclosed US company, and Rhode Island's Gina Raimondo has announced a 40% increase in the state's clean energy jobs.
Specialist PV manufacturing equipment supplier Amtech Systems has secured a follow-on order for the second phase of a multi-phase 1GW project for high-efficiency n-type PERC and n-type bifacial cell equipment.
State-run Solar Energy Corporation of India (SECI) is considering opportunities to develop solar PV and help develop policy in various Asian countries, according to a SECI official.
