Distributed Storage

The new rules will apply to the country’s 20 minor islands that have no connection with the national grid. Solar installation will be entitled to receive a premium tariff for both injected and self-consumed power.

The Czech government is supporting the adoption of solar-plus-storage solutions through a specific incentive program. Each kW of PV installed must be coupled with at least 5 kW of storage capacity.

The Hong Kong-listed renewables developer recorded a net profit of HK$529.2 million ($68.03 million) in the 12 months to the end of December, from a profit attributable to shareholders of about HK$38.5 million in 2015. Basic earnings per share for the year were HK$0.14.

A seminar on the outlook for the U.K.’s energy storage market that took place this week in London highlighted the vibrant activity taking place in the sector, but was unable to answer when or if government can come up with a meaningful policy.

The developer of home batteries has attracted half a million pounds’ worth of equity investment from Tokyo Electric Power Company Holdings to aid its market expansion.

Amigo Solar, a Chilean microgrid provider, announced yesterday its collaboration with a digitized billing system that will help it to alter the utility landscape in the Latin American country. The case shows how solar and IT change the electricity market structures.

The Australia residential storage market is booming on the back of a combination of regulatory changes and market dynamics. However, with upwards of 30,000 systems set to be plugged in this year, the influence of early adopters deploying solar+storage to new installations remains a dominant driving force in the current market.

The China-headquartered developer of batteries has inaugurated its new €400 million factory in the southern Chinese Province of Fujian that will specialize in the production of lithium-based batteries for C&I applications and electric vehicles.

Trump declares war on clean energy, Tesla hurtles the other way down the fast lane towards a solar future, SolarWorld lays out its cost-cutting plans, and Algeria’s bold PV goals raise concerns.

Video interview: Andreas Piepenbrink, CEO of German residential storage system provider E3/DC, explains at the Energy Storage Europe 2017 how the storage market is progressing in and out of Germany.