Giving an update on the country’s renewable energy future, Malaysian Environment Minister Yeo Bee Yin said that the government is looking into P2P energy trading schemes and virtual net metering to expand solar uptake. On the residential side, a recent government-led communications push has lifted installation numbers over the last few months.
Canadian Solar recorded net income of $237.1 million in 2018, from $99.6 million a year earlier, on annual PV module shipments of 6.62 GW.
Toyota Australia will transform its former manufacturing site in West Melbourne into a renewable energy hub to produce green hydrogen with the help of funding from the Australian Renewable Energy Agency (ARENA). In other hydrogen-related news, researchers at UNSW Sydney with partners H2Store have received a $3.5 million investment from Providence Asset Group to develop a hydrogen residential storage.
Stonepeak Infrastructure Partners has invested $200 million in a new distributed solar company — Madison Energy Investments — focused on ground-mount, rooftop and carport projects ranging from 500 kw to 20 MW.
A 30 kW vertical array has been powered up at Australia’s Casey research station in Antarctica. The project is one the largest solar installations on the ice-covered continent.
Maine will restore net metering, Kentucky is gutting it and Arkansas has opened the door to any one of a number of changes, as the foundational policy for distributed solar sees ups and downs across the nation.
A 27 MW solar project will generate energy for the company’s extensive site in Moerdijk, in the south of the country.
Definitive data from analyst Wood Mackenzie and the Solar Energy Industries Association show tariffs taking a bite out of the U.S. market, but also a near-record number of new projects under contract.
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