African commercial and industrial PV market grows on the back of outages and high tariffs
According to a new report from BloombergNEF, cheap solar energy could benefit many businesses in sub-Saharan Africa. However, regulatory and financial obstacles are causing concern.
Australia to lead world in residential battery uptake in 2019
More than 70,000 Australian households will install battery storage this year, according to the Bloomberg New Energy Finance. With the nation’s storage demand set to triple, Australia is expected to make up 30% of global demand.
Sungrow on the MENA market: “Of course, the bigger, the better”
Having equipped a three-digit MW volume of large scale and distributed generation projects throughout the region, Sungrow is ready for a rapid regional expansion. EMEA general manager Derek Huang told pv magazine at the World Future Energy Summit about his expectations across all market segments.
Renewables, an antidote against volatile electricity prices for the EU
The European Commission says renewables are playing a central role in lowering spot prices and stopping rises in network charges and fees. In the EU energy market, however, coal and gas still dominate, ensuring power prices are unpredictable.
Sonnen receives €25 milllion financing from the European Investment Bank
The EIB said supporting the battery supplier will help Europe realize its clean energy targets. The funds are earmarked for the company’s European R&D, as well as stemming ‘operational burdens’ from its growth rate. Sonnen recently made headlines by opening a factory in Australia to supply its virtual power plant in Adelaide.
Kaco sells central inverter business to Korean developer OCI Power
German concern Kaco has sold its central inverter business. The German manufacturer hopes to focus on its string inverter and energy storage branches while the South Korean buyer hopes the newly acquired knowhow can improve the energy efficiency of its large-scale PV parks.
Volkswagen is all set to become a green energy supplier
The German car giant has created Elli, a subsidiary that will provide green power and charging solutions for the EV sector. Volkswagen – still haunted by the diesel emissions scandal – says it wants to make mobility sustainable.
Canadian-UK funding for pilot smart grid solutions
A competition backed by public funding from the governments of the two nations is seeking proposals for projects that will help electricity grids transition to clean and flexible energy.
Industry offers cautious welcome as UK government guarantees export payments after all
The Department of Business, Energy and Industrial Strategy has proposed a replacement for the flat rate FIT payment regime that is hard to argue with, as it is linked to the actual amount of electricity exported back into the grid.
Tesla begins construction of GW factory in China
The US electric car maker wants to start production of its Model 3 in the Chinese factory. Next year, according to high-profile CEO Elon Musk, mass production of electric cars will start there.
