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.
Off-grid solar specialist Nova-Lumos has received a £150,000 grant from the SolarNigera Programme (SNP), an initiative of the UK’s Department for International Development (DfID) implemented by Adam Smith International, to help accelerate its operations in northern Nigeria.
Last Wednesday, the US Senate passed a long-awaited energy bill as a bipartisan measure to modernise the nation’s oil, gas and electricity systems and align them with more climate-friendly solutions.
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.
On Friday in New York, the historic UN global climate agreement was officially signed by a host of world leaders, signifying the unified global effort to tackle one of the world’s most insurmountable environmental and economic issues.
Grid integration and availability are the key challenges ahead for India’s solar sector, according to the latest report from consultancy firm Bridge to India.
