The US Department of Energy SunShot Initiative granted solar financier Mosaic a second award in the amount of US$650,000 to support its home solar loan programme that should help the initiative’s mission to make solar a cost-competitive form of electricity by the end of the decade.
SunEdison has been awarded 17.7MW of distributed generation across 30 PV projects in California, with investors in the company’s ‘yield co’ TerraForm Power likely to benefit.
The new contracts for difference mechanism in the UK market is “an interesting opportunity for a more market orientated approach”, according to First Solar.