Solar Mosaic, a former crowdfunding start-up that has emerged as a major provider of residential solar financing solutions, said on Wednesday that it had secured US$200 million in funding that will support at least 5,000 rooftop PV installations.
Abengoa, which entered insolvency proceedings last November, has been granted bankruptcy protection under Chapter 15 over the objections of a group of insurance companies who claimed the Spanish renewables company’s talks to restructure billions in debt was unfair to US creditors.
SunPower has teamed up with AT&T, one of the US’ biggest multinational telecommunications corporations, to bring Internet of Things (IoT) technology to the residential market via the ‘Equinox’ solar PV system.
Tesla is predicting it could sell more stationary storage to SolarCity during 2016 than was deployed in the entire behind-the-meter segment of the US market last year, according to analysis by GTM Research.
Single-axis PV tracking systems specialist NEXTracker, acquired by contract manufacturer, Flextronics International (Flex) said it had reached the milestone of shipping a total of 3GW of tracker systems, globally.
French electricity giant EDF Renewable Energy has signed an agreement for the acquisition of Global Resource Options, groSolar, continuing its expansion in renewables in the US.
Abu Dhabi’s renewable energy firm Masdar has launched four utility-scale clean energy projects as well as thousands of residential solar systems in remote areas across Egypt.
