Advantage Capital has signed off on a $4.1 million investment in Momentum Solar, a residential solar company providing solar design, engineering and installation services across New Jersey, New York and five other states.
‘Silicon Module Super League’ (SMSL) member GCL System Integrated Technology (GCL-SI) has agreed to take full control of Huajun International Group’s PV manufacturing operations (Huajun Power Technology (Jiangsu) Co), as part of a cooperation framework agreement that would last for three years.
Major certification body the Bureau of Indian Standards (BIS) has recognised TUV Rheinland's PV testing laboratory located in Bangalore, India, meaning the lab is now authorised to conduct testing of solar modules.
The US government has been urged to recognise the “critical role” energy storage can play in making the grid cleaner and able to accept more renewable energy, by increasing the eligibility of batteries and other technologies to receive the Investment Tax Credit (ITC).
Indian conglomerate Shapoorji Pallonji has won the country’s first major grid-connected floating solar tender for 50MW of capacity at a tariff of INR3.29/kWh (US$0.047) at Rihand dam in Uttar Pradesh.
Malaysian state-owned oil and gas giant Petronas has become the latest fossil fuel major to show intentions to move into the renewable energy space, with a focus on solar power.
A bill that is currently passing through the Philippines Senate would allow commercial and industrial (C&I) entities to optimise the use of their rooftops with solar power, while also helping reduce costs for housing initiatives for the underprivileged, according to the head of a Filipino trade association.
