The US government’s development finance institution, Overseas Private Investment Corporation (OPIC) is to provide US$230 million for a solar power project in Chile.
Berkshire Hathaway, Inc. CEO Warren Buffett certainly made his presence felt at the Edison Electric Institute’s annual convention in Las Vegas on Monday. Despite speaking at an event hosted by perhaps the leader in anti-solar sentiment amongst utilities in the US, Buffett nonetheless announced that he plans to double the amount of money that Berkshire Hathaway has invested into both the PV and wind energy markets in the US.
Inverter manufacturer Enphase Energy has entered into an agreement with general contractor North State Solar Energy, under which North State Solar Energy will be an exclusive installers of Enphase's American Pride microinverters in commercial and residential PV installations in Northern and Central California.
PV inverter leader SMA Technology AG and inverter manufacture Sungrow Germany GmbH, a subsidiary of the China-based Sungrow Power Supply Co., Ltf., have agreed to a deal out of court in regards to a patent infringement case.
Financing company GE Energy Financial Services is set to invest in a 32MW PV plant located in Okayama, Japan. The plant, known as Kumenan, was developed by Pacifico Energy and will be completed in 2016.
North Sky CleanTech Alliance Fund, L.P. and NewWorld Environmental Infrastructure, L.P. will invest in a PV generation project portfolio that was developed by independent solar power producer Nautilus Solar Energy LLC through its subsidiary, Nautilus Solar Energy Canada, Inc.
Investment in renewable energy and energy efficiency will fall well below what is required to head off dangerous global warming without a breakthrough in the Paris climate change talks next year, the International Energy Agency has warned.
Capital One Bank has invested US$100million into a partnership with residential installer and leasing company SolarCity, marking the US bank’s first ever investment in renewable energy.
