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DSD raises US$250 million to support PV growth in 2020

Distributed Solar Development (DSD), a business backed by BlackRock Real Assets’ Global Renewable Power platform and GE Renewable Energy, has closed on a US$250 million fund financed by Morgan Stanley, Silicon Valley Bank and Fifth Third Bank that will be utilised to fund a portfolio of distributed generation projects through 2020.

GE to develop 13 solar projects in northeast US

Solar solutions provider Current, a subsidiary of GE, announced that it is developing more than 17MW in solar carport and ground-mounted projects across six states in the northeastern US.