A panel of finance experts speaking at InterSolar Europe have given news of the Tesla-SolarCity deal mixed reviews ranging from "silly" to "brilliant".
San Diego Gas & Electric (SDG&E) will likely surpass its cap on the number of rooftop solar systems that can sell electricity back to the utility under the net metering scheme – and will be the first utility in the state to do so.
Solar PV installations are expected to surpass 60GW worldwide in 2016, up from the 50.6GW deployed last year, according to the latest figures from SolarPower Europe.
The US Department of Commerce has upheld its preliminary ruling that SolarCity’s Triex cells were included within the scope of the anti-dumping duties, in a memorandum dated 17 June.
Residential PV services provider OneRoof Energy, a subsidiary of OneRoof Energy Group, has signed a US$50 million construction loan facility with Black Coral Capital, a current investor in the company. In addition, Black Coral has funded US$9.05 million of working capital in secured non-convertible notes to support solar 2.0 national growth strategy.
Apple plans to sell excess electricity generated by solar panels on the roof of its new Cupertino, California HQ in efforts to trade on the energy market.
The North American single-axis tracker market has increased by over 100%, year-over-year, to reach US$1.2 billion in 2015, and is forecasted to grow 20% to US$1.4 billion this year – according to new analysis by IHS.
The US and India partnered on new renewable energy initiatives totalling a US$1 billion during prime minister Modi’s visit to the White House on Tuesday.
