Greenlight Planet raises $5M in financing to expand solar off-grid energy access in the developing world

The Overseas Private Investment Corporation (OPIC), a U.S. government’s development finance institution, signed an agreement with Greenlight Planet, Inc. to finalize $5 million in OPIC financing to support its expansion to provide affordable solar off-grid energy access across the developing world.

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First hybrid solar power and battery storage plant commisioned in Brazil by Ingeteam

Spain-based Ingeteam, a renewable energy company, announced last week the commissioning of  the first-of-its-kind hybrid plant in Brazil to be connected to the public grid, combining PV energy and battery storage.

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Fraunhofer ISE’s mini-module achieves new world record efficiency of 43.4 %

After announcing their world record solar cell two years ago, Fraunhofer ISE now reports that they have just achieved a new highest efficiency on the module level.  A mini-module comprised of four-junction solar cells reached a newly confirmed world record of 43.4 percent.

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Trina Solar named as the world’s most bankable PV module manufacturer by BNEF

Trina Solar announced this week that it has been named as the most ‘bankable’ PV module manufacturer globally according to a report by Bloomberg New Energy Finance (BNEF), “PV Module Bankability 2016: Quality On The Rise“, detailing the results of its survey, which was conducted to identify which module manufacturers are most likely to obtain non-recourse debt financing by commercial banks.

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Morocco Launches World’s Largest Solar CSP Plant

HM King Mohammed VI chaired on Thursday, the official commissioning ceremony of the first plant of the Noor Ouarzazat solar complex (Noor I), and the official launch of the construction works of the second and third plants (Noor II and Noor III) of the largest concentrated solar power (CSP) plant in the world.

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