Utility firm Arizona Public Service Co (APS) has announced plans to develop a 32MW PV facility under its AZ Sun Program which seeks to increase the solar capacity in the state of Arizona.
Adding to its US$1 billion, five-year financing deal with JinkoSolar, China Development Bank (CDB) has signed a US$58 million loan agreement with the module manufacturer to fund PV power plant projects in China.
Texas-based contractor Fluor has signed a five-year contract to provide operations and maintenance services for Arlington Valley Solar Energy II's new solar power facility in Arizona.
Bill Gates has given financial backing to the development of a new energy storage system aimed at cutting the intermittency of renewable energy technologies such as solar.