The economic benefits of adding energy storage to solar in California at affordable multi-family dwellings could far outweigh the costs, even doubling savings on energy bills, a new report claims.
The majority owner of Hanergy Thin Film Power Group, Li Hejun has resigned his positions as an executive director and chairman as part of a management reshuffle as it attempts to improve its corporate governance position.
US environmental EPC contractor Tetra Tech has received US$84 million in additional contract funds from the US Agency for International Development (USAID) to expand the US government-led Power Africa programme.
The European Bank for Reconstruction and Development (EBRD) is considering providing a senior secured loan of up to US$26.1 million for the construction of Sunrise Solar Energy’s 50MW solar PV plant in Jordan.
The US Department of Energy has announced that five additional military bases will be included under SunShot Initiative’s Solar Ready Vets programme, which connects skilled veterans to careers in the solar energy industry through an intensive, hands-on training course. DOE is also awarding US$10 million under the Solar Training and Education for Professionals (STEP) funding programme.
Australia’s Clean Energy Finance Corporation (CEFC) and renewable energy financier Westpac are to provide low cost finance for Australian businesses to invest in solar and other low emission technologies.
Thai fossil fuels company, Banpu, said it has purchased 75.8MW of solar PV plants in China as it pursues a goal of making renewable energy 20% of its power generation business by 2025.
The US-headquartered Inter-American Investment Corporation (IIC), part of the Inter-American Development Bank (IDB), will help to finance 100MW of solar projects in the Northern Argentinian province of Jujuy.
German lithium-ion based energy storage system maker Sonnen, says it achieved an undisclosed “seven-figure sales number” in the US in the first quarter of this year.
Brazilian public bank Banco do Nordeste (Northeast Bank) has expanded the financing options available from its Northeast Constitutional Financing Fund (FNE) to include solar PV projects, wind farms, small hydro and biomass sources utilization plants.
