Rooftop solar in Sri Lanka gets $50m boost

Sri Lanka has been granted a $50 million (£37m) loan to help fund rooftop solar power projects. The funding will support 50MW of capacity and the Asian Development Bank (ADB) will also help develop a market infrastructure and a pipeline of subprojects. According to the ADB, Sri Lanka’s electrification rate stood at 99.3% last year […]

The sustainable treat

  Watch this short fact film about Ireland’s largest rooftop solar array at Butlers Chocolate Factory in Dublin, Ireland.

Lightsource to invest £25m in NI rooftop solar

Lightsource Renewable Energy has announced plans to invest £25 million in solar projects in Northern Ireland. The cash will be used to fully fund solar installations on around 6,000 homes in the next six months. Householders will be able to buy energy from Lightsource at a cheaper rate, with the company claiming bills could be […]

India to spend £500m on rooftop solar by 2020

India plans to spend around 50 billion rupees (£509m) on rooftop solar projects in the next five years. Prime Minister Narendra Modi’s cabinet increased the funding from an initial budget of six billion rupees to encourage householders, government bodies, hospitals and educational institutions to install the renewable technology. It is part of the government’s National […]

Lid lifted on £5bn business savings with rooftop solar

British businesses could save more than £5 billion per year on their electricity bills with rooftop solar PV systems, according to solar installers. Just putting solar on two-thirds of the country’s south-facing commercial roof space of around 2,500km2 would meet today’s electricity demand, reckons Kingspan Energy. The study draws on Government figures and performance data from existing UK solar […]

Goldman Sachs to finance $500m in solar projects

Global investment banking firm Goldman Sachs is backing a $500 million (£326.7m) fund for PV projects in the US – believed to be the “largest” rooftop solar financing agreement in the country. The fund will help install around 110MW of rooftop solar installations in California, Arizona and other states where renewable company SolarCity operates. Homes […]