commercial

CleanFund provides US$10 million in PACE financing for a 5MW Cali project, India's Hero Future Energies commissions a 1MW rooftop solar project in Delhi and GameChange Solar deploys ground mount systems in Massachusetts landfills.

Idealab company Edisun Microgrids launched a new rooftop tracker for commercial and industrial (C&I) rooftops that could achieve significant savings, at this year’s Solar Power International (SPI) convention.

Solar ranks lowest in terms of projected Capital Expenditure (CAPEX) for electricity generating technologies in 2030, according to the National Renewable Energy Laboratory’s 2016 Annual Technology Baseline (ATB).

The Delhi government approved its first solar policy this month with a particular focus on the rooftop segment. Jyoti Gulia, senior manager, market intelligence, at consultancy firm Bridge to India, explains how the policy brings some innovative firsts to India especially in net metering.

The largest Property Assessed Clean Energy (PACE) bond securitisation has been completed. The securitisation, HERO 2016-2, includes US$305,313,000 in Class A Notes, secured by 13,432 PACE assessments levied on residential properties in 31 counties across the state of California.