A subsidiary of South Korean conglomerate LG Group has bagged an order to deliver, operate and maintain 40 MW of energy storage for Guam Power Authority.
The government of the Australian state has revealed plans to launch reverse auctions this year for as much as 400 MW of renewable energy capacity, in addition to 100 MW of energy storage systems, as part of a new A$1.16 billion ($873.2 million) investment.
Although the central European country has a solar market with a stable growth, the residential solar-plus-storage segment is still far behind its strong potential. In 2016, around 500 storage systems combined with PV installations were installed under the incentive scheme in the country.
Akon, the platinum-selling rapper, is lighting up Africa with solar lighting and other products thanks to a reported $1 billion credit line with Chinese manufacturers and a skill for celebrity networking.
This year’s Intersolar Europe exhibition and conference attracted encouraging crowds, plenty of innovation and a growing sense of confidence in solar’s importance to the world. With a little help from storage, of course.
Obayashi has deployed a lithium-ion battery storage system with 6.75 MWh of storage capacity at a 17.9 MW solar project operated by one of its subsidiaries in northern Japan.
The U.S. President’s anticipated decision to pull the country out of the COP21 Paris Agreement on climate change has been met with a healthy dose of bemusement and defiance at Intersolar Europe, where the universal opinion is that solar will find a way to thrive, in whatever political climate.
According to the German solar industry association (BSW-Solar) the prices for large and small PV storage systems have fallen by 50 respectively 40 percent. This growing market is dominated by Sonnen, Senec and LG Chem, as an analysis by EuPD Research shows.
Pu Neng claims it has now drawn more than $90 million in total investment in its vanadium redox flow battery technology, but the Beijing-based manufacturer did not disclose the terms of its deal with High Power Exploration (HPX).
Following on the progress of 300 MW of solar projects in Cauchari, the province of Jujuy has announced another gigawatt of solar PV to be installed in the northern region.
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