The State Bank of India (SBI) has partnered with Tata Power Solar Systems to establish a financing agency for commercial and residential solar projects up to 1MW.
Proposed changes to California’s net metering (NEM) incentive programme will severely reduce residential PV’s value proposition in the state, cutting its solar market in half by 2024, Wood Mackenzie has warned.
Home security giant ADT is evolving from a security company to a smart home company, with around 80% of its revenue coming from its smart home business, said its president and CEO Jim DeVries
SK Ecoplant, part of the South Korean conglomerate SK Group, has signed a US$200 million joint venture (JV) agreement with Vietnamese rooftop specialists Nami Solar for the development of 250MW of rooftop solar in Vietnam over the next four years.
Proposed net metering (NEM) rules in California that would add a US$8/kW per month grid access fee for residential solar systems have been described as “regressive and out of touch with reality” by a NEM policy expert.
A new partnership between the US Department of Energy’s (DOE) National Renewable Energy Laboratory (NREL) and the International Code Council (ICC) will aim to increase the adoption of software that instantly approves permits for rooftop solar systems.
PosiGen, a US provider of residential solar and efficiency solutions for low- to moderate-income (LMI) households, has secured US$100 million in preferred equity financing.
California governor Gavin Newsom said there is “more work to be done” on the state’s net metering laws and that “changes need to be made” to proposals that have been proven highly contentious in the state.
Integrated solar roofing firm GAF Energy has launched the “world’s first nailable solar shingle”, or rooftile, as part of its Timberline Solar roof system that integrates solar technology into rooftop structures.
US solar installer SunPower is in advanced discussions regarding a potential sale of its commercial and industrial solutions (CIS) business as it looks to heighten its focus on the residential sector.
