Two regions have dominated the energy storage market in the US for more than two years, but falling costs and better market design could see deployments spread across the country in future, an analyst with GTM Research has said.
US pressure group the Alliance for Solar Choice (TASC) is mounting a nationwide campaign to persuade Congress to maintain the investment tax credit beyond its planned sunset at the end of 2016.
Major PV manufacturer JinkoSolar’s US subsidiary has teamed with Ygrene Energy Fund to support the financing of residential and commercial PV systems in the US.
Community solar in the US could be eligible for the federal investment tax credit (ITC), according to an advocacy group which has sought a private ruling from the Internal Revenue Service (IRS).
Major photovoltaics energy provider (PVEP) Shunfeng International Clean Energy reported a 19.5% increase in revenue for the first half of 2015 against a backdrop of profits falling 65.8%, compared to the prior year period.
Clean energy company NextEra Energy — along with Hawaiian Electric Company, Hawaii Electric Light Company and Maui Electric Company Limited — announced new details for NextEra’s merger with the three companies, which includes a collection of 85 commitments that will help spur Hawaii’s drive towards a 100% renewable energy future by 2045.
Italian-based developer Enel Green Power (EGP) was the big winner in the latest solar-dedicated auction in Brazil while average prices per MWh fell below US$85.
The first reported quarterly figures for PV module shipments in Japan in the country’s current financial year show a drop below the 2GW mark for the first time since JFY2013.
Global project developer Sky Solar has reported a 54.2% increase in its Q2 revenue as a number of projects began contributing to the company’s cash flow.