Employment in Australia’s renewable energy industry fell 27% from its peak of 19,210 in 2011/12, to a total of 14,020 in 2014/15, according to figures from the Australian Bureau of Statistics (ABS).
This year looks likely to set a record for distributed solar securitisation deals as a growing number of developers look to tap the asset-backed securities market.
Solar developer and private asset manager Capital Dynamics has selected module manufacturer ET Solar to provide modules for 14 solar projects in North Carolina in the US with a combined capacity of 84.4MW.
Recharge A/S, an investment fund specialising in renewables, will take a 50.1% stake in a €24 million (US$26.7 million) micro grid on a remote Portuguese island that could prove the validity of such projects as an asset class.
A report from Australia’s Energy Networks Association (ENA) suggests that removing the Renewable Energy Target (RET) and replacing it with "technology neutral" alternatives would be a more economical approach to reaching emissions reductions targets.
Leading companies in the solar power sector are invited to participate at the United Nations Environment Assembly (UNEA) in May to demonstrate the latest developments in the industry.
The Bolivian government's Chamber of Deputies has approved a €60 million (US$66.7 million) loan agreement from the French Development Agency (AFD) to help finance a 50MW solar PV plant in the department of Oruro.
Struggling renewables firm SunEdison has appointed a new chief financial officer designee in preparation for the transition of its current CFO to a full-time role with the company's two yieldcos.
The Victorian state government in Australia aims to fast-track connections to the grid for rooftop solar installations, under the impending National Electricity (Victoria) Further Amendment Bill 2015.
