US-headquartered Hybrid Cell Technology (HCT) module producer Sunpreme has appointed Sweden-based solar developer and installer, PPAM SOLKRAFT as a channel partner with emphasis on promoting its bifacial modules for future projects that benefit from using the technology.
Spruce Finance announced Wednesday that it has completed a whole loan sale of US$250 million of its efficiency and solar loan portfolio to a North American bank with an expertise in consumer loan assets.
Power electronics firm Ingeteam said it had supplied 23 of its 4.8MW power stations for the 125MW (DC) Clare Solar Farm project being built by Fotowatio Renewable Ventures (FRV), located in the Australian state of Queensland.
News in Brief: Bill Clinton opens Westchester's largest solar array – a 2.7MW facility at Swiss RE's US headquarters; Nexamp completes a 700kW community solar facility in Massachusetts, Michigan introduces a bill to up its RPS and Solaria deploys its architectural solar products at Cornell Tech's campus in New York.
‘Silicon Module Super League’ (SMSL) member Canadian Solar has said that EDF Energies Nouvelles (EDF EN)has acquired an 80% interest in its 115MW Pirapora II PV power plant project in Brazil.
Renewable energy is indeed the future, according to Bloomberg New Energy Finance’s latest report, which forecasts technologies such as wind and solar to “dominate” the future of electricity by 2040, making up 48% of the world’s installed capacity and 34% of electricity generation.
Kansas City, Missouri-based developer Greenback Renewable Energy has acquired a portfolio of operating residential PV assets worth around US$6 million from an unnamed TerraForm Power subsidiary.
Whilst African solar is still firmly an emerging market, investors have confirmed that issues remain with development finance, insofar as it is holding back the market from truly taking off. Whilst development finance institutions (DFIs) are a crucial part of allowing the market to find its feet, the continent’s economic infrastructure needs to move beyond the realm of development finance for commercial financiers to be enticed.
Following on from the successful year for solar that was 2016, the US market added 2,044MW of new capacity in Q1 2017 alone. As installations grow, prices continue to fall to new lows and utility-scale system prices dropped below US$1/Watt for the first time according to GTM Research.
SunEQ signs PPA for 5MW Namibia project, India's Pune Metro plans 17MW solar, Adani Green Energy no longer Adani subsidiary, Cuba to get 4.4MW PV project
