Japan has confirmed it will make big cuts to the feed-in tariff (FiT) payable for solar, which have been expected for some time, dropping the rate by around 16%, from ¥32 (US$0.27) per kWh to ¥27 per kWh by July.
According to market research firm IHS global cumulative solar PV installations will reach almost 500GW (498GW) in 2019, up from around 180GW in 2014, a 177% increase.
US Bancorp and ORIX USA Corp. have announced the closing of US Bancorp’s first renewable energy conglomerate, which is expected to help SolarCity install around 2,500 PV systems at homes and businesses in nine states.
Struggling US solar rooftop installer RGS Energy has been successful in renewing a revolving line of credit with Silicon Valley Bank and existing loans with Riverside Fund III, division of the firms largest shareholder, Riverside Renewable Energy Investment.
Sunnova announced the beginning of the EZ Own programme, which it claims will allow homeowners to have a solar power system with no upfront or maintenance costs.
PV developer Solar Power, Inc. (SPI) has announced that the company, along with its subsidiary — SPI China Limited — has completed its acquisition of 4.3MW of PV projects in Italy from CECEP Solar Energy Hong Kong Co. (CECEP HK).
PV wet chemical equipment and materials supplier, RENA GmbH has changed its name to RENA technologies GmbH and appointed a new CEO as the company prepares to exit insolvency proceedings that will result in Jürgen Gutekunst, founder and former CEO of RENA GmbH leaving the company.
In a joint statement from the Australian Minister for the Environment and Minister for Industry and Science, the government proposed a new approach to Australia’s renewable energy target (RET).
The Dubai Energy and Water Authority (DEWA) is to bring net metering to the Emirate through the launch of Shams Dubai, a new initiative aimed at encouraging and regulating the development of commercial and residential solar projects.
