Research from the Overseas Development Institute estimates that children in developing world can gain 15 minutes extra study time a day if their homes switch from fossil fuel to solar, while households can enjoy savings of $10 per month.
Toshiba has posted a group net loss of JPY 49.8 billion ($439.5 million) for the first half of the current Japanese fiscal year, but the bleak outlook for its solar operations is the least of its concerns, as it struggles to cover losses from its bankrupt U.S. nuclear business and avoid being delisted from the Tokyo Stock Exchange (TSE).
Current estimates suggest 80% of Puerto Rico is still without power, but thanks to Elon Musk’s efforts at least one children’s hospital has been able to turn the lights on.
Despite 7% lower product sales, the latest global Off-grid solar market report from the World Bank Group reveals that market is thriving. However, industry needs to move quicker if it is to achieve global 2030 universal energy access goal.
Chinese shipments of lithium-ion batteries could jump by 40% year on year in 2017, but demand from the country’s burgeoning electric-vehicle market continues to overshadow the deployment of stationary energy storage systems (ESS), according to a recent report.
Wärtsilä, one of the largest global supplier of flexible and efficient energy solutions, has announced that it will provide technically and environmentally advanced energy storage solutions to the power markets in India.
The off-grid ground-mounted solar and battery project will be carried out by Meeco and Oursun, providing remote regions of Guyana such as Mabaruma with clean energy, while reducing their fossil fuel consumption.
As part of the government’s £246 million drive to augment its battery and energy storage knowledge and network, the new Faraday Institution will deliver steady funding to some of the country’s leading universities to support their storage research.