Markets & Finance

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.

Australia’s opposition party Labor has released its ‘Climate Change Action Plan’ to the approval of solar advocates in the country.

Chilean utility Colbun is to purchase two of SunEdison’s solar PV projects in development in Chile along with their long-term power supply contracts.

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.

US-based solar developer Ecoplexus has commissioned six solar PV projects, totaling 54MW in North Carolina at US$79 million in value.

Texas will get 15MW of new community solar from RES Distributed, a division of Renewable Energy Systems (RES).

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.

The Brazilian Development Bank (BNDES) has qualified 17 solar equipment manufacturers to receive funding in Brazil.

Saudi Arabia has confirmed a new 9.5GW renewable energy target as part of its 2030 Vision initiative to move its economy away from reliance on oil.