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.
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.
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.
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.
Shifting solar power for several hours using flow batteries will quickly become economically viable if the energy storage systems are also allowed to provide other services, such as grid-balancing, one maker of the devices has claimed.
Ghana will soon update its feed-in tariff (FiT) programme for solar to include the possibility of having contracts last for 20 years, according to Wisdom Ahiataku-Togobo, director of renewables and alternative energy at the Ministry of Power Ghana.
Ghana could be a frontrunner for clean energy integration and energy exports across the West African power pool, according to a United Nations Environment Programme (UNEP) report.
Significant increases of utility tariffs in Nigeria and Ghana are improving the business case for solar by providing money to utilities and bringing competition to the power market, according to energy developers.
