Residential PV services provider OneRoof Energy, a subsidiary of OneRoof Energy Group, has signed a US$50 million construction loan facility with Black Coral Capital, a current investor in the company. In addition, Black Coral has funded US$9.05 million of working capital in secured non-convertible notes to support solar 2.0 national growth strategy.
Global shipments of PV inverters will reach 90GW by 2020, valuing at more than US$7.1 billion, according to GTM Research’s latest report, 'The Global PV Inverter and MLPE Landscape 2016'. This represents an average annual growth rate of 11% between 2016 and the end of the decade.
Italian renewable energy firm TerniEnergia continues to strengthen its position in the African PV market with its latest 34MW EPC and O&M contract in Zambia.
Pakistan’s National Electric Power Regulatory Authority (NEPRA) has published proposed revisions to its feed-in tariffs (FiTs) for solar energy projects of between 1-100MW capacity.
Private infrastructure investment in solar energy during 2015 grew to US$9.4 billion, 72% higher than the average of the previous five years, according to new World Bank figures.
The World Bank will finance various energy, water and infrastructure projects in northern Kenya under its US$1.1 billion North-eastern Kenya Development Initiative, according to reports.
Andy Colthorpe and Ben Willis profile some of the companies and technologies making waves in the fast-changing world of stationary energy storage, in a feature article which originally appeared in the seventh issue of PV Tech Power.
A new study by the International Renewable Energy Agency (IRENA) highlights the continued need to focus on balance of system (BOS) cost reductions for solar PV power plants to continue to expand as a key global renewable energy source.
