New York State has mandated a programme to have 50% of its electricity coming from renewable energy by 2030, after governor Andrew Cuomo ordered the State Department of Public Service to draw up a new Clean Energy Standard to support the target.
The eligibility of energy storage systems for a programme financing energy efficiency and renewables through property tax assessment shows that the technology is maturing rapidly, according to the CEO of the North American arm of Sonnenbatterie.
Renewable energy firm SunEdison has cancelled a US$250 million deal to buy a 16% stake in Brazil’s largest renewable energy company, Renova Energia S.A, which is the second time in two months that the developer has pulled out of deals in the Latin American region.
Solar independent power producer Etrion Corp has completed a €222 million (US$236 million) refinancing of the majority of its solar parks in Italy, which includes long-term, non-recourse bank debt and project bonds.
Dallas-based renewable energy company Tri Global Energy, which has a 6GW portfolio of utility-scale wind projects, has formed a new solar energy business unit named TGE Solar, and acquired California-based rooftop solar provider K12Solar.
Microsoft founder Bill Gates, Mark Zuckerberg of Facebook and a Saudi Arabian prince are among the names signed up to support the Breakthrough Energy Coalition, an initiative launched as COP21 climate talks begin today in Paris.
A trade association representing some of Germany’s energy storage industry has welcomed the renewal of a support scheme for batteries, but says that establishing “fair market conditions” for storage would be more important.
Indian prime minister and French president Francois Hollande will jointly launch the International Solar Alliance (ISA) at the COP21 climate conference in Paris today.
