SMA, Danfoss create JV to deliver solar, storage and energy management to supermarkets
The German and Danish technology firms will utilize their various expertise and platforms to help supermarket operators increase their renewable energy footprint and optimize their energy usage.
UK’s Faraday Institution announces further £42m for storage research
Backed by the U.K. government, the Faraday Institution’s latest program sees four consortia receive funding to conduct application-inspired research into addressing challenges in electric vehicle batteries.
Conergy enters Vietnam market with 30 MW solar project
The German-headquartered EPC has been selected by project owners, BIM Group and AC Energy to begin construction of the solar plant in April in the Ninh Thuan province of the country.
WFES: Acwa Power partners with Huawei on solar plant monitoring
The Saudi Arabian power firm announces details of pilot project that will utilize Huawei’s FusionSolar control and monitoring system to enhance a fleet of PV plants.
EBRD poured €4.1 billion into green financing in 2017
The European Bank for Reconstruction and Development drastically increased its climate financing last year, with the €4.1 billion invested in the green economy representing 43% of the bank’s entire activity last year.
China drags global clean energy investment to $333.5bn in 2017, finds BNEF
Despite approximate 25% fall in solar costs per MWh against 2015, last year saw more than $333 billion invested in clean energy, with global solar deployment figures topping 53 GW, finds new Bloomberg New Energy Finance report.
ACWA Power to adopt SolarCoin
The Saudi energy company said it will be the world’s first utility-scale generator joining the SolarCoin ecosystem, and that it will be “rewarded for helping build a more sustainable future.”
The weekend read: The science of soil
Soiling and solar: No two solar plants are ever the same, and the conditions that can impact energy yield can literally change with the wind. Soiled solar modules had long been considered a minor nuisance for the sector, but as understanding of how soiling affects output improves, so have techniques and technologies to tackle the persistent problem of dirty modules.
Canadian Solar lowers Q4 revenue guidance due to delayed project sale
The Chinese Tier 1 solar company had hoped to finalize the sale of six PV power projects in the fourth quarter of last year, but delays to necessary government approvals mean Q4 revenue is lively to be around $700 million lower than expected.
AES, Siemens launch energy storage platform Fluence, confirm involvement in 100 MW LA storage project
Collaboration between the U.S. energy firm and the German power electronics giant officially licensed on January 1, as details of a massive 100 MW/400 MWh lithium-ion battery storage project in California were announced.
