German battery storage software provider Younicos has secured $50 million in growth capital to fund its continued expansion. First Solar and Grupo ECOS are a part of the consortium of investors, including an undisclosed lead investor.
The EU Commission has ruled that battery storage units looking to provide primary frequency control regulation must achieve authorized maximum demand for 15 minutes, like all other power plants, instead of 30 minutes, as was being considered under a special regulation.
Canadian Solar Inc. has secured US$126 million in financing from the Royal Bank of Scotland and Deutsche Bank for 86 MW worth of solar PV projects in Japan and the U.K.
The project winners for the most recent 810 MW French CR3 PV tender has been dominated by ground mounted projects up to 12 MWp in size, as established developers in the market, and their subsidiaries, pick up the vast majority of projects.
GCL-Poly Energy Holdings Limited has today completed the sale of its non-solar arm, leaving it to focus solely on its core solar business.
Taiwan’s largest solar cell maker has reported its first positive operating margin since the second quarter of 2014, as well as its highest revenues in four years.
GTM Research and SEIA’s latest report finds that the U.S. solar market dipped slightly last quarter to 1.36 GW, but the organizations are predicting that massive levels of solar will come online during the next five quarters.
Senior executives from global internet giants Google and Facebook say that renewable energy is now a valid economic alternative, and more companies could and should be following their path to 100 per cent renewable energy.
As solar manufacturers return to profit an appetite for new technologies is growing. This was one of the key messages at this years Future PV Forum where PERC production at volume, new processes for III-V semiconductors and the rapid progress of perovskites were discussed by technologists, researchers and investors.
Vienna-based start-up 3F Solar Technologies has developed a solar hybrid collector that combines photovoltaic and solar thermal energy panels, which the company says is ideal for single-family homes, housing projects, businesses and hotels.
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