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According to SEIA, America’s cumulative solar capacity will grow from just over 24 GW to nearly 100 GW by 2020

SEIA: 2015 is just the beginning of America’s solar boom; Capacity to quadruple to nearly 100 GW by 2020


2015 will go down as a banner year for solar energy, SEIA President and CEO Rhone Resch, sums up in the U.S. Solar Energy Industries Association’s (SEIA; Washington, D.C.) blog. SEIA expects new U.S. solar installations to reach a record-breaking 7.4 gigawatts (GW) by the end of 2014. “And yet, the 2015 record is already looking like a distant memory, compared to what is to come”, says Resch. Read more...

8point3 Energy Partners LP owns and operates a portfolio of selected solar energy generation assets

First Solar, SunPower YieldCo 8point3 Energy announces 3.5% increase in quarterly distribution


8point3 Energy Partners LP (San Jose, California, US), a limited partnership formed by First Solar, Inc. and SunPower Corporation, announces that the Board of Directors of its general partner declared a cash distribution for its Class A shares of USD 0.217per share for the fourth quarter of 2015. Read more...

Dr. Florian Wessendorf will be bolstering the management team of Solar Promotion GmbH starting in January 2016

Intersolar organizers bolster management team with the addition of Dr. Florian Wessendorf


With five events on four continents, Intersolar is the international platform for topics, players and partners in the solar industry. In order to expand this position as global information and strategy platform for the solar industry and its partners, Dr. Florian Wessendorf will be bolstering the management team of Solar Promotion GmbH starting in January 2016. Read more...

U.S. PV installations with and without ITC extension, 2010–2020

GTM Research: U.S. Investment Tax Credit extension would increase solar PV installations 54% through 2020


A five-year extension to the solar investment tax credit (ITC), which is currently included in the omnibus spending bill under consideration in the U.S. Congress, would result in 25 gigawatts (GW) of additional solar photovoltaic (PV) capacity over the next five years – a 54 percent increase over a no-extension scenario. Read more...

IHS U.S. solar installation forecast; impact of the ITC extension

IHS: Global solar industry saved from 2017 cliff-edge as U.S. set to extend solar ITC


An extension of the solar Investment Tax Credit (ITC) – the main driver of solar growth in the United States – was unexpectedly included in an omnibus spending bill agreed upon in Washington, D.C. late Tuesday night. It will be finalized and voted on later this week, IHS (Englewood, Colorado, U.S.) announced. The House is expected to vote on the legislation on Thursday or Friday. Although sudden opposition could block immediate approval of the full bill, it looks close to certain that the ITC extension will go ahead, according to Ash Sharma, senior director, solar, IHS Technology and Josefin Berg, senior analyst, solar, IHS Technology. Read more...

Deutsche Bank analysts view the five year ITC extension as a significant positive catalyst for the U.S. solar sector

U.S. solar investment tax credit wins five-year extension


According to US media releases, as part of a broader tax deal, the solar investment tax credit (ITC) has won a five-year extension in a tax and spending package unveiled by the United States Congress on December 15th, 2015. This extends the 30 percent solar ITC and credits for solar-powered energy efficient projects for three years before phasing it down over three years until the 2022 expiration date. Read more...

Of the solar projects Fitch monitored, energy output was higher than  forecasts

Fitch: US solar power projects start solid, face long-term risks


U.S. solar power projects' favorable initial results will likely be stable in the near term, according to Fitch Ratings (New York, London) While the projects in Fitch’s study are large (50 MW to 579 MW), the rating agency believes that their completion risk, resource intermittency, and equipment performance results are applicable to smaller projects or portfolios. Read more...

Since 2006, Goldman Sachs has invested and financed USD 65 billion in clean energy around the world

Goldman Sachs announces USD 150 million clean energy target by 2025


The Goldman Sachs Group, Inc. (New York City, U.S.) on November 2nd, 2015 announced that it will expand its clean energy target to USD 150 billion in financings and investments by 2025 as part of its updated Environmental Policy Framework. Goldman Sachs has been at the forefront of innovative green finance, including the first rated solar securitization, the first U.S. YieldCo listing, the first century green bond and the first green market securitization. Read more...

A rendering of the Mohammed bin Rashid Al Maktoum solar park. It will include an R&D centre that includes two centres for solar testing. The first is dedicated to photovoltaic (PV) technologies and the second is for concentrated solar power technologies (CSP)

DEWA receives 95 Expressions of Interest for 800 MW third Phase of Mohammed bin Rashid Al Maktoum Solar Park


Dubai Electricity and Water Authority (DEWA) has received 95 Expressions of Interest (EOI) from international energy companies in response to its tender request in September 2015. The project, based on the Independent Power Producer (IPP) model, is another landmark project that will make Dubai and the UAE a regional leader in producing renewable and clean energy. Read more...

The first of its kind in Africa, the Redstone CSP project features SolarReserve's world-leading molten salt energy storage technology in a tower configuration. Image: Lesedi and Jasper PV projects with Rendering of Redstone

OPIC partners with SolarReserve and ACWA Power to develop a landmark CSP facility in South Africa


As part of Secretary John Kerry's Climate and Clean Energy Investment Forum, the Overseas Private Investment Corporation (OPIC, Washington, U.S.) on October 20th, 2015 signed an agreement with renewable energy developer SolarReserve LLC (Santa Monica, California, U.S.) and CWA Power (Riyadh, Saudi Arabia), recognizing OPIC's USD 400 million commitment of debt financing to support the development of the Redstone Concentrating Solar Power (CSP) project in Northern Cape, South Africa. The Redstone CSP project is a 100 megawatt (MW) clean energy facility that will be connected to the South African national grid. Read more...

Displaying results 1 to 10 out of 61