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.
New York Governor Andrew M. Cuomo announced the next stage of the US$40 million NY Prize microgrid competition, which seeks to modernize the state’s electric grid, help neighborhoods cut costs and promote clean energy.
According to Taiwan-based market research firm, EnergyTrend polysilicon spot market prices in China have surpassed US$20/kg and are expected to climb higher in the next month.
