Commercial & Industrial PV

Chinese industrial group, Roshow Technology has revealed plans to purchase a 92.3% stake in Shunyu Jieneng Keji, a PV project developer, in an asset restructuring deal valued at CNY 1.5 billion ($218.4 million).

Although initially expected to deliver around 650 MW, Victoria’s first renewable energy auction has smashed the goal, delivering 928 MW of renewable capacity. Six projects will be developed in total, three wind and three solar, under the state’s renewable energy target. In a separate announcement, the Andrews government promised to provide half price solar batteries for 10,000 Victorian households, if re-elected.

Japanese electronics giant, Sony has become the latest major organization to commit to a 100% renewable energy target for all of its operations. The company has joined the RE100, a global NGO initiative promoting renewable energy, and plans to reach its target by 2040.

The British energy and services company’s acquisition of the C&I solar contractor is the latest among a number of moves it has made into solar and batteries.

Following on from a partnership in 2017, Kostal and BYD are looking to further strengthen their ties under a new deal, which will see them provide storage solutions to the residential and commercial solar segments.

The U.S. state’s recent passage of SB 100 and SB 700 is expected to spur a boom in solar and behind-the-meter battery deployment. pv magazine has done the math on what we can expect.

Under the current scheme, rooftop PV remains far below its huge potential in the country. Regulatory, administrative and financial hurdles are preventing more electricity consumers from installing rooftop arrays, as well as the resistance of local utilities.

In the second quarter, India installed solar projects amounting to 52% less capacity quarter-over-quarter, due to uncertainties around trade cases, module price fluctuations and PPA renegotiations prompted by record low solar tender bids.

The sunny, dry summer has seen solar break several records and PV kept the lights on when a lack of coolant – caused by rising river water temperatures – led to the temporary shuttering of conventional power plants in France and Germany.

The first-half results appear to indicate a renaissance for a thin-film manufacturer still suspended from the Hong Kong Stock Exchange, but a strategy of having affiliate companies invest in Chinese industrial parks to secure returns from the resulting orders for manufacturing equipment, may make would-be investors uneasy.