The Germans battery maker plans to raise that amount from the sale of shares in the company on the Frankfurt Stock Exchange as it seeks to grow into the energy storage market.
The U.S. microinverters specialist stems recent downward trend, posting solid Q3 revenue of $88.7 million and increasing microinverter shipments to 869,000. AC Battery rollout boosts performance.
The Swiss energy storage solutions company has been selected by Swiss Green Electricity Management Group to act as EPC contractor and energy storage provider for the 20 MW Marengo Energy Storage Plant in Chicago, as part of a new strategic partnership between the pair to supply grid-scale battery solutions.
The Iron Horse is the first energy storage project for E.ON North America, and accompanies a 2 MW PV system.
The Osaka-based group’s net sales fell roughly 7% on the year to YEN 3,495.5 billion ($33.3 billion) in the first half of fiscal 2017, partly due to a year-on-year decline in sales of residential PV systems in Japan.
The German energy storage company signs agreement with Panasonic and Xcel Energy for installation of four Y.Cube storage-in-a-box solutions for installation at Denver operations hub.
The EV and battery maker maintains that its battery gigafactory will be ready to support Model 3 rollout in H2 2017, three weeks before a shareholder vote on the acquisition of SolarCity.
Australia’s main network lobby is proposing a new tariff for stand-alone power systems that it says will encourage more than one million households with large amounts of solar and battery storage to stay connected to the main networks, rather than lead an exodus.
Swiss-headquartered energy storage specialist reveals contract backlog of 85 MWh and ongoing negotiations equating to more than 300 MWh of new storage capacity over coming years.
At a combined 20 MW, the microgrid plant in Shuanghu is the largest of its kind in the world, comprising 13 MW of solar PV and 7 MW of energy storage.
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