Dr. Gavin Conibeer, an internationally-known professor at the School of Photovoltaics and Renewable Energy Engineering at the University of New South Wales, has joined the science advisory board of Natcore Technology Inc. Dr. Conibeer has a worldwide reputation in photovoltaics. He has lectured at Stanford University and the University of Tokyo and has been a partner in the European Union‑funded LIMA project, an international consortium focused on minimizing the costs of manufacturing while maximizing efficiency of the photovoltaic devices by using novel concepts.- The global cumulative installed capacity of solar photovoltaic (PV) modules will increase substantially from 135.66 Gigawatts (GW) in 2013 to 413.98 GW by 2020, according to research and consulting firm ASD Reports. The company’s latest report states that emerging economies in Asia-Pacific, South and Central America and the Middle East and Africa are expected to be the major markets in the future, due to an increasing focus on renewable energy proliferation to fuel economic growth.
- Rocky Mountain Institute (RMI) released a report, “Bridges to New Solar Business Models: Opportunities to Increase and Capture the Value of Distributed Solar Photovoltaics,” investigating the opportunities for utilities and solar companies to work together to unlock the full value of distributed solar for customers and the grid. Solar photovoltaics (PV) are growing rapidly in the U.S.—by the end of 2013, over 12 GW of PV were in operation, an 80 percent increase since the end of 2010, with grid-connected customer-sited installations totaling more than 50 percent of nationwide installed capacity.
- Sunnova Energy Corp. has secured an additional $250 million in committed funding. Sunnova will use these funds to continue its rapid growth and to provide reliable, low-cost solar energy to more customers across the U.S. This funding round was led by business development companies sponsored by Franklin Square Capital Partners, which are sub-advised by GSO Capital Partners LP, and also includes Triangle Peak Partners, LP. Barclays acted as sole placement agent to Sunnova on the transaction.
