Residential solar service provider Sunnova Energy announced Tuesday that it has secured US$80 million in tax equity funding commitments from US Bancorp Community Development Corporation (USBCDC), a division of US Bank.
Solar power company SunLink announced Wednesday that it has agreed to a financial deal with Heritage Bank of Commerce to provide an expanded line of credit and other financial services in an effort to spur expansion.
Zambian State-run firm the Industrial Development Corporation Limited (IDC) has invited expressions of interest for 150MW-250MW of solar PV capacity in Round 2 of the ‘Scaling Solar’ programme.
In a major energy strategy upheaval, the South Australian government is providing significant funding to support energy storage projects, starting with a 100MW grid-connected battery that will be the largest in the country.
Residential solar company Vivint Solar announced Monday that it has extended the term of the availability period for borrowing under its aggregation credit facility by three years to March 2020 — with the final maturity of the facility set for September 2020.
Africa cannot wait for the development of electricity infrastructure and should exploit more quickly deployable solutions such as solar PV, according to a report by Kofi Annan’s Africa Progress Panel.
China-based thin-film PV firm Hangzhou Microquanta Semiconductor has claimed a new efficiency record for perovskite mini-modules of 15.24%, certified by Newport PV Lab in Montana, US.
Just when forecasts for India’s solar manufacturers in 2017 projected a dire outlook, energy minister Piyush Goyal has reportedly said in parliament that the previously touted incentives package for domestic firms will not be moving forward for the foreseeable future.
