Solar module technology provider Solaria and CleanFund Commercial PACE Capital – the leading Commercial Property Assessed Clean Energy (C-PACE) financier – have announced a partnership on building-integrated solar (BIPV) known as SolarPACE.
The European Bank of Restructuring and Development (EBRD) is financing a second solar park in Kazakhstan following the 50MW Burnoye Solar 1 established in April 2014.
News in Brief: Santa Barbara, California, is the 30th US city to vote in a 100% renewable energy mandate, North Carolina legislators instate a competitive bidding process and leasing programme for solar PV while South Carolina's SCE&G launches the state's largest community solar programme; there's also more community solar online in Texas, and the Massachusetts Department of Energy Resources releases its final guidelines for its solar incentive SMART programme.
Nevada solar moved up in a big way earlier this week, with the state legislature passing several bills to ensure the industry will return to its former heights.
Whilst African solar is still firmly an emerging market, investors have confirmed that issues remain with development finance, insofar as it is holding back the market from truly taking off. Whilst development finance institutions (DFIs) are a crucial part of allowing the market to find its feet, the continent’s economic infrastructure needs to move beyond the realm of development finance for commercial financiers to be enticed.
India’s first grid-scale solar-plus-storage tender has been held up by the extreme drop in the country’s solar PV prices this year, according to Rahul Walawalkar, executive director of the Indian Energy Storage Alliance.
India’s Cabinet Committee on Economic Affairs has approved the IPO of the Indian Renewable Energy Development Agency (IREDA) aiming to help fund more renewable energy projects.
