Vivint Solar Secures new $100 Million Financing for Residential Solar Deployment
Vivint Solar, a well-known name in the US solar market for its expanding market penetration and perpetual financial struggles, has landed another round of financing, securing $100 million in new tax equity commitments from two repeat investors for the development…
China Will Delay its Electric Car Mandate until 2019
German newspaper Handelsblattr is reporting that a meeting between German Chancellor Angela Merkel and Chinese premier Li Keqiang in Berlin on Thursday led to an important new agreement regarding electric car sales in China. Last September, the Chinese government proposed…
Tasmanian Wind Farm Deal
Tasmania will boost its wind power generation by almost 50% with the construction of a new $300 million turbine farm in the state’s central highlands. The 49-turbine Cattle Hill wind farm was announced earlier today, under a deal between state-owned…
Syria Opens its First Solar-Powered Hospital
After months of testing, a hospital in Syria will have uninterrupted power last week, charged by solar power in a project designers hope will save lives and can be repeated across the country. Syria’s electrical grid has taken a big…
Vietnamese 800 Megawatt Phu Cuong Wind Farm Gets Official Go-Ahead
Seven months after it was first proposed the massive 800 megawatt Vietnamese Phu Cuong Wind Farm has been officially formalized under a $2 billion Joint Development Agreement between GE Renewable Energy, Mainstream Renewable Power, and local Vietnamese partner, the Phu…
Reports: South Korea Mulls Pro-Renewables Energy Policy Shift
South Korea’s newly-elected government is considering a rapid shift in focus away from coal and nuclear power towards renewables and natural gas, in what would mark a major change in energy policy for the East Asian country, according to reports.…
Electric Vehicle Sales Accelerate as UK Drivers Turn Away from Diesels
Sales of electric vehicles (EV) in the UK continued rising last month as demand for diesel cars dropped by almost a fifth, according to the latest monthly figures from motor industry trade body SMMT. As the government faces further action…