Sunrun has closed a financing deal with Investec worth US$195 million, meaning that over half a billion dollars of investment has gone into the US residential solar sector across just two deals this week.
Belief that a major contribution from solar to energy needs in the US is no longer a distant prospect appears to be hardening among Americans, according to a poll.
One of the founders of PV inverter maker SMA Solar Technology, Günther Cramer, passed away on Tuesday at the age of 62 after a “long, difficult illness,” the company has announced.
Internet giant Google has been confirmed as one of two investors in a 104MW PV power plant being developed and built by Norwegian firm Scatec Solar in Utah.
Taiwan-based Sino-American Silicon Products (SAS), a major wafer producer, is selling its complete shareholding in former subsidiary, GlobalWafers Co, for around US$131 million.
California governor, Jerry Brown, has made an ambitious pledge for the state to be 50% powered by renewable energy within 15 years, in a speech given on Monday as he was sworn into office for a record fourth term.