Bundling a number of solar power generation assets into one investment fund through so-called ‘yieldcos’ is lowering the cost of renewables, while the yieldco market itself is expected to experience substantial growth in the next few years, an investment banker has said.
Solar cell and module manufacturer Suniva announced that it is powering a PV project with battery storage from Vermont-based utility Green Mountain Power (GMP.)
International downstream PV firm Conergy and developer Holocene have jointly reached financial close on a 28MW portfolio of PV projects in North Carolina.
SolarCity has announced a new partnership with smart-metering company Nest starting with an offer of 10,000 Nest thermostats to new customers in California.
Struggling PV module assembly equipment specialist Spire Corporation said 2014 financial filings would be delayed due to the exit of its former CFO in February.
Nigeria's largely peaceful presidential election at the end of March was a victory for democracy. It could also have positive implications for the deployment of solar energy in Africa's most populous nation and in West Africa as a whole, writes Tom Kenning.
