Fourth Partner Energy (4PEL) a Hyderabad-based company developing distributed solar power, has raised around US$2 million in financing, enabling the firm to offer more financing options to its clients.
Production has begun on Saudi Arabia’s first locally-made solar inverters through a partnership between KACO and local company Advanced Electronics Company (AEC).
Scotland’s government has decided to go against the UK Department of Energy and Climate Change’s (DECC) Renewables Obligation proposals and retain the grandfathering guarantee.
The UK government’s response to a petition calling for dramatic feed-in tariff cut proposals to be reversed has been criticised after it insisted expected returns of 4% would be “appropriate” for the industry to operate.
PV project developer Sky Solar Holdings has secured funds totalling US$100 million from Hudson Clean Energy Partners for projects in Latin America and Japan.
The removal of Tony Abbott from his premiership along with the arrival of Malcolm Turnbull as the new prime minister of Australia and various government appointments related to renewable energy have been welcomed by the Australian Solar Council.
PV module manufacturers are expected to see record revenues next year as the recovery for the industry that has been gathering pace in the last 18 months reaches its peak, according to IHS.
A world entirely powered by renewable energy is achievable by 2050 and is a scenario that is becomingly increasingly essential to prevent runaway climate change, a Greenpeace study has claimed.
