Markets & Finance

Spruce Finance announced Wednesday that it has completed a whole loan sale of US$250 million of its efficiency and solar loan portfolio to a North American bank with an expertise in consumer loan assets.

Solar is set to play a prominent role in future energy systems, according to the chief executive of French power company Engie.

Three major development banks have joined major Indian private sector financier Yes Bank and signed a charter to mobilize green investments in India.

India’s 175GW by 2022 renewable energy target could create up to 330,000 jobs in the next five years, predominantly in the rooftop PV sector, according to a report from India's CEEW and NRDC.

Leading polysilicon and solar wafer producer GCL-Poly Energy Holdings has awarded a number of construction contracts for its planned 60,000MT polysilicon plant under development in Xinjiang, China.

Solar Energy Corporation of India (SECI) has launched another 750MW of solar tenders for the Bhadla Solar Park in the state of Rajasthan.

Brazil’s energy agency EPE has conducted a study on the potential for solar PV installations in the north and northwest regions of Minas Gerais.

An Australian utility has increased its solar feed-in tariff (FiT) rates to ensure the benefits are not eroded by increasing wholesale electricity prices.

India has put forward two separate policies that both promote and mandate rooftop solar for certain buildings – complementing the economic benefits of rooftop PV.

In the wake of Rick Perry’s Department of Energy investigation into the effect of renewable energy integration on the grid, two clean energy lobbyist groups have released similar analysis.