Latest markets & trends headlines

26. August 2016 | | Comment now

Renewables rise to 16.8% of U.S. electricity production in H1 2016

However, EIA data shows solar PV only making up 1.3% of total generation, a fraction of the portion in leading European nations.


Storage shows its worth in UK's first Enhanced Frequency Response auction

Kokam large scale storage.

A total of 1.4 GW of projects were put forward under the 200 MW tender, with energy storage projects taking positive steps forward, says Renewable Energy Agency.


Germany's BayernLB funds purchase of eight UK solar farms

Eight solar farms have passed into the hands of German ownership.

The German lender provides GBP 30 million in financing for the solar plants of up to 5 MW each and located across five sites in England and Wales.


Sun Brilliance plans upsized 100 MW solar farm in Western Australia

The area of land near the town of Cunderdin, which is wheatbelt country some 158 KM inland from Perth, and the spot for the 100 MW solar farm.

Having originally announced details of a 25 MW project, the Perth-based solar power integrator has now secured a larger tract of land and promising funding to upsize the plant to 100 MW.


Sharp mulls China solar cell market entry

Sharp Japan.

Japanese electronics giant is preparing to expand into the Chinese solar market with an eye on supplying megasolar plants being planned across the country. Strategy could prove risky, experts say.


'Second-life' EV batteries could drive low-cost storage sector, says BNEF report

Mercedes-Benz has already begun exploring ways to repurpose its used EV batteries for stationary storage projects.

According to Bloomberg New Energy Finance, used electric vehicle batteries will amount to 29 GWh by 2025, with around one-third of that total viable for second life use as low-cost, stationary storage.


Europe's solar PV pipeline holds immense promise, says IHS Markit

Solar installation in Portugal.

A post-slump solar recovery could arrive in Europe as early as 2018 should policy support sufficiently smooth the path for dormant solar pipelines on the continent, says IHS Markit.


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