Saudi Arabia’s ACWA Power is obtaining a loan of about $344 million from three banks to finance a solar energy project in Dubai, chief executive Paddy Padmanathan said on Sunday.
Sonoma County’s new public electricity supplier is turning to the sun and water — the airspace over treated sewage ponds, specifically — to generate power for local homes and businesses.
ABB India became the first company to reach sales of a cumulative capacity of 1GW solar inverters.
The French renewable energy company Neoen will build Mexico’s largest solar park in Nuevo Leon state.
The new fund will cover the upfront cost of solar panel installations for thousands of homeowners in 14 states and the District of Columbia, and make it possible for them to pay less for solar power than they pay for electricity generated by fossil fuels.