Africa: solar power and Indian bilateral trade key routes to prosperity, says AfDB president
African Development Bank President Akinwumi Adesina tells the media ahead of the bank’s Annual Meetings forum that Africa-India bilateral trade will reach $100bn by 2018, with solar power playing a prominent role in closer cooperation and boosting economic opportunities.
ABB unveils suite of new solar inverters as part of pivot towards greater digitalization
The Swiss-headquartered power electronics company is to introduce new 100 kw and 120 kW three-phase string inverters for the C&I and large-scale markets, the new 60 kW TRIO TM and a new addition to its residential UNO-DM-PLUS range.
Ten energy majors back global blockchain initiative
Ten energy companies from nine nations have joined forces to provide $2.5 million support for the Energy Web Foundation (EWF), a global non-profit organization focused on accelerating blockchain technology across the energy sector.
Video: Solar Premium booth at Hannover Messe
The recent Hannover Messe brought together pv magazine and six leading partners at a special Solar Premium booth at the show’s Integrated Energy Plaza.
BECE posts $68 million net profit in 2016
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.
Chilean microgrid provider uses solar-plus-IT to lower bills
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.
Time is working for storage, as prices keep sinking
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.
Redox flow batteries on the rise
Video interview: prices for redox flow batteries are sinking, while installed capacity increases steadily. Lorenzo Grande, technology analyst at IDTechEx, explains here the opportunities and limitations of flow technologies, and how the related market will likely develop.
Wärtsilä delivers 15 MW hybrid PV plant to Essakane Solar in Burkina Faso
The solar farm will be added and synchronized with an existing oil driven power plant. The hybrid power plant will serve a local gold mine, saving 18,500t CO2 emissions annually.
Power grids will be increasingly stabilized by storage systems
Video interview: Holger Ziegler, Senior Consultant at DNV GL, explains at the Energy Storage Europe 2017 why the stabilizing of electricity grids will boost the storage market, and also discusses the future prospects for this business model.
