Fourth Partner Energy (4PEL) a Hyderabad-based company developing distributed solar power, has raised around US$2 million in financing, enabling the firm to offer more financing options to its clients.
Plans by Italy’s grid operator to allow for the interconnection of energy storage to the network have resulted in the country’s first grid-connected solar-smoothing storage facility being inaugurated.
Global interconnection and data centre company Equinix has agreed to a power purchase agreement (PPA) for 105MW of PV power with renewable energy company SunEdison.
Production has begun on Saudi Arabia’s first locally-made solar inverters through a partnership between KACO and local company Advanced Electronics Company (AEC).
Scotland’s government has decided to go against the UK Department of Energy and Climate Change’s (DECC) Renewables Obligation proposals and retain the grandfathering guarantee.
The UK government’s response to a petition calling for dramatic feed-in tariff cut proposals to be reversed has been criticised after it insisted expected returns of 4% would be “appropriate” for the industry to operate.
