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.
Mississippi Power and Silicon Ranch Corporation, along with local officials from the city of Hattiesburg, Forrest County and the Area Development Partnership held a groundbreaking ceremony on Wednesday for the state’s largest PV project in Hattiesburg.
New York Governor Andrew M. Cuomo announced the next stage of the US$40 million NY Prize microgrid competition, which seeks to modernize the state’s electric grid, help neighborhoods cut costs and promote clean energy.
Last Wednesday, the US Senate passed a long-awaited energy bill as a bipartisan measure to modernise the nation’s oil, gas and electricity systems and align them with more climate-friendly solutions.
