Markets & Finance

The Trump administration has stifled solar and other renewables development on public lands in the US, achieving less than the Obama administration and hindering the country’s renewable energy transition.

Solarcentury and Dutch banking firm Rabobank have reached financial close on a €20 million (US$22.4 million) deal to support the development of two utility-scale solar farms in the Netherlands.

Amazon’s multi-billion-dollar Climate Pledge Fund will help support low carbon technologies including those in energy generation and storage.

Adding energy storage can boost solar PV project revenues by as much as 50% in the US state of Massachusetts, US developer Stem Inc has claimed.

Spain’s PV industry has welcomed government approval of a package of legislative measures aimed at speeding up the country’s transition to 100% renewables.

Plans to establish the first of three ‘renewable energy zones’ (REZ) in the Australian state of New South Wales have seen an overwhelming level of interest, with a call for proposals chalking up a nine-fold oversubscription.

India is set to impose a 20% levy on imported solar modules, cells and inverters from August, replacing the current safeguard duty.

A round-up of recent news from the US solar market, as US government bodies launch a new initiative to boost the cybersecurity of solar developments while an ex-First Solar president joins a California-based tracker company.

Measures designed to support solar and other renewables in the US have been proposed within a landmark US$1.5 trillion infrastructure investment Bill, tabled by House Democrats.

Asian C&I solar specialist Cleantech Solar has secured a US$75 million loan to fund its expansion across Southeast Asia.