SolarCity and BofA announce $400m solar finance program
The leasing giants will partner with Bank of America Merrill Lynch to finance the expansion of the American residential solar sector.
Private investment potentially plugging offgrid gap
A host of factors including wide usage of mobile phones, a rise in the price of kerosene, falls in the cost of LED lights, and the growing popularity of mobile payment methods are pushing investment into off-grid solar, according to reporting by Greentech Media.
Pakistan waives solar panel import taxes
As part of Prime Minister Nawaz Sharif’s renewable energy push, Pakistan is to scrap the 5% customs duty on imported solar panels.
New strategies and portability may help PV-for-mining solutions cross financing hurdle
Hybrid plants for the mining industry suffer from a ‘bottleneck’ in funding, although new solutions are being implemented to promote renewable energy in the industry, according to a report from ThEnergy Renewables & Mining.
Multi-GW PV plans shape India's bold solar strategy
Large, multi-GW projects from some of India’s leading energy companies have been announced this week as the country reignites its passion for PV.
Uganda greenlights inaugural 10 MW solar plant
The PV installation will be developed by Dubai’s Access Power MEA and once complete will become the largest independent power project in sub-Saharan Africa.
First Solar takes strategic step into residential solar market
The U.S. thin-film giant has acquired an equity stake in Clean Energy Collective as it looks to branch out into community solar.
Two solar projects to add 52 MW to Japan grid
Japan PV to be boosted by a 37 MW installation from Itochu Corp. and a 15 MW solar plant Takara Leben that will use Solar Frontier’s CIS thin-film modules.
Cleantech disruption to reduce annual utility revenues by up to $123 billion
The growth of distributed generation and energy efficiency is set to reduce utility revenues by up to $123 billion a year by 2025. This is the finding of a new report by consultants Accenture, in its Digitally Enabled Grid report, which advises that utilities will have to fundamentally transform their business models.
Flow batteries to create $190 million market by 2020
On the basis of superior cost dynamics, flow batteries are set to create a 360 MWh market by 2020, for stationary storage applications. Vanadium-based technology will be the predominate redox flow technology, according to research from Lux Research.
