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1.4 GW NordLink interconnector receives €100 million EIB hybrid securities purchase

The project connecting Germany and Norway was first conceived in 2015. The 624 km undersea cable will have a capacity of 1.4 GW, when operational in 2020. The EU is supporting the project and other grid infrastructure projects through its EFSI scheme to interconnect the European energy markets, for better renewable energy integration and improved security of supply.

Namibia’s largest PV-plus-storage system installed

German EPC company Cronimet has installed a 150 kW solar array to work alongside a 332 kWh battery storage system at a luxury lodge complex in a remote part of the African nation.

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Trina to supply 167 MW modules to Europe’s largest PV plant

The Chinese solar module manufacturer will supply 167 MW worth of modules to what is on track to becoming Spain’s, and Europe’s, largest PV plant when completed.

5 GW of renewable plans hang in the balance following reenaction of Iranian sanctions

As U.S. President Trump re-imposed sanctions on Iran, many solar companies – predominantly from Europe – were in the process of developing massive project pipelines in the country. These are now in jeopardy, even with blocking statute imposed by the EU. Those seeking to pursue plans demand safe financial channels from the EU in order to continue developing PV projects, and to signal a clear commitment to the Iran Nuclear Deal.

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Engie to deploy hybrid solar in Gabon

Mini-grid solutions are becoming more popular to deliver electricity to rural areas. There are 1 billion people worldwide without access to electricity and off-grid solutions could be the cheapest and easiest solution for about 70% of them. It is estimated the market in the segment will be worth $64 billion by 2030.

Odyssey surpasses $500 million mini-grid pipeline

Odyssey connects stakeholders along the mini-grid value chain to streamline development and financing processes. Reportedly over 275,000 connections would be achieved if the full pipeline is realized, and recently, it experienced a significant boost in a very dynamic mini-grid market.

Enel and Raptor Maps to develop AI drone software for operations and maintenance applications

Enel Green Power North America and Raptor Maps will develop AI-based drones to reduce O&M costs. Kicking off this month, the project will see its first batch of 30 field workers trained by the end of the year. Both companies already have the relevant technology in their portfolios.

The weekend read: More strings to the bow

New developments in inverter architecture suggest that string inverters have charged forwards again to take on the challenge and kick central inverters off the throne in the utility-scale market. Hardware design innovations allowing to cut down BoS capex and improve efficiency of the plants might push string inverters further to take more space in the utility-scale market place.

Second-life EV battery market to grow to $4.2 billion by 2025

Circular Energy Storage, a London-based research and consulting group, reports a strong business case for reconstituted electric vehicle batteries for energy storage applications. As the EV and static storage system markets grow rapidly, synergies could be a useful tool for continued cost optimization.

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SolarEdge reports record revenues in second-quarter results

The company has experienced continued growth and after the acquisition of a UPS supplier – as well the potential for Chinese power electronics manufacturers to suffer under proposed new inverter tariffs – SolarEdge feels confident of continued growth.

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