Wind and solar to ‘dominate’ future of electricity by 2040

Renewable energy is indeed the future, according to Bloomberg New Energy Finance’s latest report, which forecasts technologies such as wind and solar to “dominate” the future of electricity by 2040, making up 48% of the world’s installed capacity and 34% of electricity generation.

ROUND UP: CleanMax-Hitachi partnership, Community solar in MS, Solar-plus-storage in TX

News in Brief: CleanMax and Hitachi partner for rooftop solar in India for Japanese companies, Tyler Technologies installs a solar-plus-storage system at its Texas headquarters, Germany's Redavia expands into West Africa with solar for the country's Maritime University, more community solar is completed in Massachusetts and Surana wins a bid for 5MW of rooftop solar in Andhra Pradesh.

Orix JV with Sun Group for C&I solar in India

Emerging market investor Sun Group has entered a joint venture partnership with Japanese financial services group Orix, to develop commercial and industrial (C&I) solar projects in India.

Sunrun stock tumbles in wake of SEC investigation

Shares of residential solar company Sunrun fell nearly 10% in trading yesterday after news broke of the investigation by the US Securities and Exchange Commission (SEC) on whether the company adequately disclosed how many customers had cancelled contracts.