A number of finance experts have confirmed that securitisation may be feasible in the near future for the US solar market, due to the maturity and low-risk nature of the industry.
The first grid scale installation of the Tesla Powerpack system in Europe has been completed in the UK by Camborne Energy Storage and is set to provide ancillary services to the National Grid.
Yieldco 8point3 Energy Partners has entered into an agreement with SunPower to acquire a 49% stake in Pacific Gas & Electric’s 102MW Henrietta solar project for US$134 million.
The Nevada Public Utilities Commission’s (PUC) recent decision to grandfather 32,000 customers into pre-existing favourable rates structure has created a significant business opportunity for local installer Sunworks, and according to the company, is the next step to restoring the residential sector.
The US Trade and Development Agency (USTDA) has awarded a grant to SolarReserve South Africa to advance their ‘Urban Solar Farms’ initiative in South Africa.
Hawaii regulators have approved a tariff for Hawaiian Electric Companies (HECO) to establish interim time-of-use (TOU) rates in the utility’s biggest base rate increase in almost six years.
Los Angeles is the latest US city committed to achieving 100% clean energy after its city council approved a motion to chart a roadmap for its zero emissions future.
