Americas

SolarCity is to offer business customers an energy storage unit option using technology from electric car manufacturer Tesla.

Distributed generation (DG) projects expected to be completed in 2013 by SunEdison have received further financial support from asset-based financing firm, De Lage Landen, a subsidiary of Rabobank Group.

Alterra Power Corp, a renewable energy company headquartered in British Columbia, Canada, has sold a 10% stake in a 50MW solar power plant in Ontario to a consortium headed by Fiera Axium Infrastructure.

Canadian gold producer IamGold has announced that it will build a 5MW solar power plant at its Rosebel Gold Mine in Suriname, South America.

PV equipment specialist, Spire Corporation said that its founder, Roger G. Little would retire at the end of the year and serve only as chairman.

US solar installer SolarCity will almost double its presence in California by opening 10 new operations centres in the state by the end of 2013.

Duke Energy’s subsidiary, Duke Energy Renewables, has started construction on 30MW of solar projects in North Carolina.

SolarCity has completed the US$54.4 million funding round, the first secured against solar energy assets.

The second of two major projects SunEdison is expecting to complete in Chile during the first quarter of 2014 has received project financing of US$100.4 million from the Overseas Private Investment Corporation (OPIC), the US government's development finance institution and IFC, a member of the World Bank Group.

Still waiting for an upturn in solar module equipment orders, Spire Corporation reported third quarter revenue of US$4.2 million, slightly up from US$3.6 million reported in the second-quarter and up from US$2.6 million in the first quarter of 2013.