Investors from Solarcentury and Actis imparted wisdom on how to manage the risks and reap the benefits of African PV at Solar Media’s Solar Finance & Investment Europe event.
Solar product distributor d.light has raised another US$10.5 million, bringing its total to US$40 million in four months for off-grid ventures in Africa and Asia.
Mexico's energy ministry is targeting distributed generation with new guidelines to boost small-scale solar and achieve savings. Minnesota and South Carolina break solar records in 2016 and Ikea installs Washington's largest rooftop solar array, while Duke Energy is to build its third PV facility in Florida.
The tax on solar self-consumption in the Balearic Islands of Spain has been doubled by a ministerial order, causing uproar from Spain’s PV industry association UNEF.
The India government and the US Government’s development finance institution, the Overseas Private Investment Corporation (OPIC), have launched a US$20 million finance initiative to fund renewable energy projects in India.
Renewable energy company Welink has announced a joint venture with Your Housing Group – claimed to be valued at £2.5 billion – which could see the development of 25,000 solar-powered homes using BIPV in the UK each year by 2022.
Driven by steep cost declines in PV equipment, solar is now almost on a par with wind energy and will soon become the cheapest form of energy in developing nations, according to the Climatescope 2016 report from Bloomberg New Energy Finance (BNEF).
