German development bank restarts subsidy for PV + storage
Kreditanstalt für Wiederaufbau (KfW), the development bank owned by the German government, today announced that it will restart subsidy payments for PV + storage applications within Germany.
Solar provides 4.3% of Japan’s electricity during 2016
The latest data show solar taking an increasing role in Japan’s energy mix, however several provinces are nearing caps on PV capacity eligible for reimbursement for curtailed power.
d.light secures further USD 10.5 million in funding for off-grid solutions
Off-grid solar solution manufacturer d.light has raised a further USD 10.5 million in funding to expand its operations in Africa and Asia, which brings the company’s total to an impressive USD 40 million in just four months.
Ukraine: Rapid expansion of solar PV continues in 2017
In 2017, 54 new solar projects with a total capacity of 460 MW will be implemented enabling the country to exceed 1 GW of installed PV plants.
BNEF: Global solar investment fell 32% in 2016
While much of this decline is due to lower system costs, it was a difficult year for the solar industry despite a 20% growth in installation capacity.
Vivint Solar secures USD 303 million in fresh financing
U.S. residential solar system provider Vivint Solar has started 2017 on a high, with the closing of USD 303 million in new financing from a total of five different investors, which will allow the company to repay existing borrowing and install a large chuck of new residential systems.
Mercom: Total solar corporate funding falls 64% in 2016
It was not a pretty year for solar finance, but some sectors remained unscathed.
Sunrun partners with National Grid to spread solar
The agreement includes a direct investment of $100 million by the utility to fund 200 MW of solar projects across the installer’s national portfolio.
The pv magazine weekly news digest
2017 begins with yet more positive price reduction momentum, while Spain reveals details of its renewables auction and Comtec Solar and Longi agree to asset purchase.
Solarzoom launches new trading platform for distributed PV in China
Trading platform for solar projects launched to connect potential investors with distributed solar PV assets across China.
