Chile: Acciona inaugurates the 246 MW El Romero Solar plant
The largest PV plant in Latin America began commercial operation last week after a 13-month construction period.
Survey finds that UK energy storage market suffering due to lack of awareness
A study conducted by German market researcher EuPD Research found that a shocking number of British PV customers and prospective customers are unaware that energy storage solutions are available to go alongside PV arrays, which is damaging the market and causing an adoption slow-down.
UK power regulator opens dialogue on smarter energy system
Ofgem and the UK Government have announced a call for views on how a smarter and more flexible energy system could create better value for the country’s energy customers. Ofgem estimates that smarter energy use could benefit both consumers and the industry to the tune of £8 billion a year.
SMA and LG Chem unveil battery inverter solution
German inverter specialist and South Korean electrical giant have collaborated on new residential storage solution comprising Sunny Boy inverter and LG’s new RESU 10H and 7H batteries.
MLPE suppliers embracing vertical integration to shift more units, says IHS Markit
Solar microinverters and power optimizer suppliers are embracing off-the-shelf integrated solar AC and smart modules as landscape for the MLPE sector evolves and grows, finds IHS Markit analysis.
Deutsche Bank sees South Australia at 95% renewables by 2025
Energy analysts at leading investment bank predict state of South Australia could easily beat aspirational target of 50% renewables by 2025, reaching 85% mark by 2020 and possibly as much as 95% by 2025.
Mercedes-Benz enters the U.S. energy storage market
Move over Elon. Mercedes-Benz Energy Americas has entered the wide-open U.S. EV+storage market, cherry-picking former sonnen USA CEO Boris von Bormann to lead the charge.
Oil giants dig up $1bn for climate change fund, but renewable industry skeptical
As reported earlier this week, the Oil and Gas Climate Initiative (OGCI) is to invest $1 billion over the next ten years in the development and deployment of innovative low emissions technologies. Funds unlikely to find their way towards renewable industry.
Varta prepares EUR 200 million IPO
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.
Enphase grows Q3 revenue 12%, shipments 10%, but net losses continue
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.
