solar

A report on the off-grid solar market has revealed that there has been a 7% drop in off-grid solar and home system product sales worldwide yet the market remains “buoyant”.

Uganda-based off-grid and home PV firm SolarNow has received a US$6 million syndicated off-grid solar financing facility.

Electricity and heat generator and retailer Vattenfall is developing a third party model for energy storage deployment, which will see the Swedish firm deploy batteries alongside UK solar farms.

Canadian Solar has partnered with Israeli insurance and finance group Menora Mivachim in an effort to raise US$60 million to finance solar projects in Israel.

London-based off-grid solar firm BBOXX is investing US$200,000 in EcoEnergy, a solar energy provider focused on rural Pakistan.

Rooftop solar PV systems are estimated to have saved energy consumers in the Australian state of New South Wales between AU$2.2 billion and AU$3.3 billion (US$1.7 billion to 2.6 billion) in a 12-month period, according to a report commissioned by campaign group Solar Citizens.

Digital industrial company GE Power is providing its LV5 1,500V inverters to two Atlas Renewable Energy solar projects in Brazil.

Iran plans to build a 50MW solar power plant on its Armenian border.

UK developer Lightsource Renewable Energy is to expand into the Netherlands’ local energy market.

Energy technology provider Abengoa announced Monday that it has connected the first 62MW of the Cerro Dominador solar complex to the national grid in Chile.