India to install more than 9 GW of solar in 2017, forecasts Mercom Capital
Pace of Indian solar growth to accelerate this year as the nation is set to more than double 2016’s 4 GW capacity; however, headwinds regarding transmission and evacuation issues could slow expansion, Mercom says.
2016 was ‘landmark year’ for Scottish renewables, says WWF Scotland
Having reached a series of clean energy milestones in 2016, WWF Scotland and Scottish Renewables are urging Scottish ministers to set a target of 50% renewable energy penetration by 2030.
Off Grid Electric secures $7.5 million in debt financing
The California-based provider of off-grid solar power in Africa rounded off an excellent 2016 for the company with a further $7.5 million in debt financing and a partnership with Rwanda’s national utility company, off the back of further expansion plans across Africa.
MIT report questions value of distributed solar
The Utility of the Future report decries poor state-level rate-making, mythical cross-subsidies by non-solar customers, and economies of scale as reasons that adding more distributed PV to utilities’ portfolios make little long-term economic sense.
UK ran on 40% renewables on Christmas Day, data shows
Greenest Christmas ever for the UK as data from power group Drax shows that the nation sourced 40% of its electricity from renewables sources on December 25.
Panasonic, Tesla, confirm solar cell and module production partnership in New York
Joint statement issued by the solar division of the Japanese electronics giant and Elon Musk’s Tesla says that production of PV modules will begin in summer of 2017.
Spruce’s solar portfolio is collateral for $105.4 million in debt financing
The deal, financed by Investec and Silicon Valley Bank, will be fund more systems around the country for the residential solar financier.
The pv magazine weekly news digest
As the global solar market nears the end of its tenth consecutive year of growth, the EU-China trade spat looks set to continue, Indian ambitions soar once more, and mono-efficiency reaches new heights.
Interview: Bringing solar power to West Africa with Off Grid Electric
CEO of Off Grid Electric Xavier Helgesen discusses the company’s goal of bringing solar power systems to three million West Africans and explains how off-grid solar is gaining wider acceptance as a “real” power source that can transform local economies.
India to reach 57% renewable penetration by 2027, forecasts government
Bullish ten-year energy blueprint suggests India will surpass renewable targets outlined in Paris Agreement by more than 50% and three years ahead of schedule.
