Solar Mosaic, a former crowdfunding start-up that has emerged as a major provider of residential solar financing solutions, said on Wednesday that it had secured US$200 million in funding that will support at least 5,000 rooftop PV installations.
Abengoa, which entered insolvency proceedings last November, has been granted bankruptcy protection under Chapter 15 over the objections of a group of insurance companies who claimed the Spanish renewables company’s talks to restructure billions in debt was unfair to US creditors.
Off-grid solar specialist Nova-Lumos has received a £150,000 grant from the SolarNigera Programme (SNP), an initiative of the UK’s Department for International Development (DfID) implemented by Adam Smith International, to help accelerate its operations in northern Nigeria.
Remote schools in West Africa can suffer from high levels of dropouts, a lack of enthusiasm and low rates of literacy and numeracy, but solar technology is now offering a chance to reinvigorate some of the lowest performing schools. PV Tech visited a school that is benefiting from such solar and software installations in the Greater Accra region of Ghana.
Grid integration and availability are the key challenges ahead for India’s solar sector, according to the latest report from consultancy firm Bridge to India.