Yesterday the New York Public Service Commission (PSC) approved a new rate structure for distributed energy resources (DER) that is set to more accurately value and compensate for solar, while also boosting energy storage and community solar.
Elon Musk touts Tesla's ability to solve South Australia's power crisis in 100 days, Apple's manufacturer in Japan Ibiden to go 100% renewable, USTDA grant for feasibility study into 34MW of solar in Burkino Faso grant, India PV canal capacity reaches 24MW.
This week's Movers & Shakers segment sees big waves in Europe with a new president for SolarPower Europe and Lightsource hiring a new strategy officer in its move to evolve from a pure solar company to a global energy leader. There's resignations in some of Asia's biggest module manufacturers including Trina Solar and Yingli Green, and the Coalition for Community Solar Access celebrates its first anniversary and talks to PV Tech on how to keep the community solar boom going.
San Diego, California-based residential solar company OneRoof Energy has entered into an agreement to sell its residential solar assets to Greenbacker Residential Solar for US$8 million in cash.
Egyptian renewable energy provider Infinity Solar and Germany’s ib vogt and Solizer have reached financial close on a 64.1MW solar PV plant under round one of Egypt’s Feed-in Tariff (FiT) programme.
Big energy utilities such as Eon and innogy are “changing the appearance” of the European solar market as they wade into the sector, a panel of industry leaders has concluded.
Global alternative asset manager Brookfield announced Tuesday that it has entered into a definitive agreement with SunEdison yieldco TerraForm Power, under which Brookfield will assume the role of TerraForm Power’s sponsor and also become the controlling shareholder.