The Canadian federal government has pledged to run all its operations on renewable energy by 2025, according to environment minister Catherine McKenna.
Leading US residential installer SolarCity announced yesterday that it has partnered with Credit Suisse to finance more than US$300 million in solar projects.
SolarCity announced Wednesday that it has agreed to a partnership with Citi to create two separate funds that will finance more than US$347 million in solar projects.
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.
Despite US solar rapidly transitioning from an alternative energy source into a leading energy solution in recent years, barriers in regulation, communication and technology still prevent the industry from taking off into the mainstream arena, according to a panel of experts at Solar Power International (SPI) 2016.
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).
