The participation of venture capital (VC) investors seems to have cooled, while project funding has conversely seen a sharp rise, in the latest quarterly report into funding and mergers and acquisitions from Mercom Capital.
China-based PV manufacturer and project developer ET Solar signed a cooperation agreement with the largest PV inverter producer, Huawei as it aligns key suppliers around its plans to build 1GW of PV power plants around the globe over the next 12 months.
Some of the BRICS nations are witnessing a shortfall of billions of dollars in the renewables investment required to meet climate change mitigation policies, according to a report from the Institute of Energy Economics and Financial Analysis (IEEFA).
Nigeria’s Electricity Regulation Commission (NERC) has approved a new regulation that gives distribution companies licences to use mini-grids to accelerate electrification across the country.
PV power company Canadian Solar announced that with Empowered by Light and in partnership with the GivePower Foundation, it has donated 30kW PV panels with 72 poly cell matrix, CS6X-P, to the first mini-grid systems in Virunga National Park in the Democratic Republic of the Congo.
Israel’s Public Utility Authority (PUA) has said that it will issue more than 1GW of fresh solar quotas, after a two-year hiatus from any new solar development.
Global investment in clean energy for Q3 2016 has plummeted 43% year-on-year, sinking to lows not seen since 2013, says Bloomberg New Energy Finance’s (BNEF) latest report.
