Western Australia’s electricity provider Horizon Power is set to receive a financial shot in the arm through the installation of various distributed energy technologies in 90 homes and businesses in the coastal town of Carnarvon, which is home to the state’s first utility-scale energy storage, currently under trial.
Amid an unexpected shortage of a key raw material, solar manufacturers in China are now under pressure of higher costs and narrowing margins.
The Belgian research institute and the Japanese electronics group say they have developed a solid nanocomposite electrolyte with a lithium ion conductivity several times greater than in its liquid equivalent.
In its annual flagship report, the International Energy Agency (IEA) highlights that fast-declining costs will turn solar into the cheapest source of new energy generation over the next 25 year.
The German PV equipment manufacturer has posted financial results for the first nine months of 2017, projecting a protracted investment cycle for CIGS thin-film production. The company expects another prepayment from its major Chinese customer CNBM by the year’s end.
Highlighting the potential for greening the industrial sector amid rapid decline of solar PV and wind power costs, a newly published report by the International Energy Agency (IEA) shows that generation directly serving companies and public is dominated by commercial-scale PV, which made up 10% of all new additions in 2016.
The German solar developer and EPC has switched on 19.7 MW of combined solar PV capacity in Turkey, developed as two separate projects at three locations.
The German technology firm has bagged orders for the turnkey electrical equipment and installation of two solar farms in Brazil and Pakistan. In addition, it announced the end of its cooperation with German inverter specialist SMA by the year’s end, and plans to manufacture its own inverters.
Energy innovations will be centered on digital technologies and the strategic use of data, with focus shifting from fossil fuel operation and maintenance to distributed renewables and the connected home, reads a BNEF report, adding that the market size for digital technology in energy will grow to $64 billion by 2025.
Facing a 7% increase in the electricity demand per annum, Jordan cannot afford to sit on the sidelines of global solar boom, and is now getting ready to welcome another large-scale solar PV project, whose shares have been split between three major companies.
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