Report: Venture capitalists fall in love with battery storage
According to a report released by Mercom Capital, venture capital firms showered battery storage companies with money to the tune of US$714 million last year.
US: Trump proposes 72% cut to DOE’s clean energy research
U.S. President Donald J. Trump has asked Congress to take a machete to the Department of Energy’s (DOE’s) renewable energy and energy efficiency programs to even lower levels than he proposed last year – cuts likely avoided because of Congressional incompetence.
UK Capacity Market Auction results draw criticism over lack of renewables
Fossil fuel sources received the most back-up generation power capacity, according to the provisional results of the latest Capacity Market Auction, released today by the U.K.’s National Grid. The country’s Renewable Energy Agency (REA) has criticized the results, stating the government is blocking new renewable energy projects.
Hanergy’s Solibro achieves 18.72% CIGS module efficiency record
TÜV Rheinland has confirmed the efficiency record, achieved by the German subsidiary of Chinese thin film manufacturer, Hanergy Thin Film Power Group Limited.
Solar Philippines bids $0.058/kWh in Meralco price challenge
Solar Philippines has offered to provide continuous PV-generated electricity to power distributor Manila Electric Co. (Meralco) at a rate of PHP 2.99 ($0.058)/kWh.
Trina Solar invited to set up PV manufacturing facilities in Pakistan
Trina Solar has confirmed it has been invited by the Pakistani Government to set up solar PV manufacturing facilities in Pakistan. The Government has reportedly said it will provide financial incentives.
JA Solar’s 2017 shipments outperform expectations
The Chinese solar PV manufacturer estimates that it shipped between 7.5 and 7.8 GW of modules and cells in 2017, up from an expected 7 to 7.2 GW, with between 2.1 and 2.4 GW shipped in Q4.
Japan: Moixa, Itochu partner on energy storage platform, announce £5 million investment
Moixa has partnered with Japanese trading house, Itochu to market its GridShare platform in Japan. The latter has also invested £5 million in the U.K. residential battery developer to fund further international expansion. The U.S. and Europe are on its radar.
TÜV, NRW solar module workshop goes international
The module workshop hosted by TÜV Rheinland and Germany’s energy agency, NRW was held for the first time in English and for an international audience. The main conclusion of the event, held in Germany, is that the latest technologies and trends should be constantly observed and evaluated.
2018 pivotal year for Greek energy, new PV auctions planned
2018 is going to be a pivotal year for Greece’s energy sector, including in renewables. An auction for new solar PV plants is expected to attract global attention; however other changes currently underway are also expected to be effective for the long term development of the Greek PV industry.
