CIT Group, a commercial lending and leasing provider, has served as the sole lead arranger for a US$59.8 million loan facility to China’s GCL New Energy for its 84.5MW solar portfolio in North Carolina.
The Massachusetts Department of Energy Resources (DOER) has decided to put its new solar incentive programme – the Solar Massachusetts Renewable Energy Target (SMART) – on hold in favour of extending its Renewable Energy Credit programme (SREC) indefinitely.
New York has secured a contract with UGE International and Gotham Community Solar to develop and construct the state’s first ever community solar project at a multi-tenant commercial facility in Brooklyn.
Last week the EU’s Africa Renewable Energy Initiative announced 14 new renewable energy projects across the continent, representing 1.7GW, with a total potential investment of almost €4 billion.
In this week's Movers & Shakers, PV Tech investigates Bill Gates' US$1 billion clean energy fund Breakthrough Energy Ventures, by speaking to new Science lead Eric Toone. We also report on Glasspoint Solar and Lark Energy's US expansions, new executive appointments in Asian firms Kyocera and 3TIER India, and thousands of energy jobs in the pipeline in the wake of Spain's renewable energy tenders.
SolarEdge is rolling out a new complete residential solution throughout Europe that combines inverters, storage and home automation. The idea is to manage and monitor electricity consumption, solar energy generation and storage through one central device control that enables enhanced energy independence and increases self-consumption.
The government of Canadian province Alberta is creating a C$36 million rebate programme for solar installations on residential and commercial buildings.
Global solar PV capacity could increase six-fold by 2030 and account for as much as 7% of worldwide power generation, according to the International Renewable Energy Association (IRENA).
San Francisco’s SunLink and Central Valley’s CalCom Solar have teamed up for the completion of three small-scale solar farms in Shafter and Wasco, California.
