The U.S. solar market nearly doubled in 2016 to 14.6 GW
The latest figures from GTM Research and SEIA show that for the first time, solar was the largest source of new generation by capacity.
Genex Power secures $76.8 million for 50 MW Australian mine PV
The Sydney-based developer has obtained A$100 million ($76.8 million) in funding from Clean Energy Finance Corp. (CEFC) and Societe Generale.
ABB to transfer solar inverter business to new division
The Swiss power electronics company’s 2016 financial report reveals reclassification of its solar inverters as Electrification product – a move intended to aid profitability.
ABB to provide microgrid solution to Alaska community
The Swiss technology company will provide a microgrid combining battery and flywheel storage technologies to improve energy stability for around 300,000 people near Anchorage, Alaska.
UK energy storage: business models that wait for the policies
The Renewable Energy Association’s energy storage conference that took place in London this week affirmed the U.K.’s immense energy storage potential. To unlock this potential, however, the sector is waiting for policymakers to unveil new policies that will make country’s energy much more storage-friendly.
Tesla, LG Chem tipped to dominate massive battery storage market
Analysts at investment bank Morgan Stanley suggest Tesla and LG Chem are best positioned to take big market shares in a market that it predicts will grow faster than most others expect.
Australian outlook: solar’s impact felt across range of energy metrics, data shows
Rooftop and large-scale solar contributed to estimated 1% reduction in total power consumption in 2016, prompting 1.3% fall in greenhouse gas emissions and rising share of renewables on the grid.
The pv magazine weekly news digest
With record-breaking announcements, job losses, company reshuffles and top-down branding decisions, it’s just another typical week in the fast-paced world of solar PV.
EU project aims for improved solar-based hydrogen
The €2.5 million EU Horizon 2020 project coordinated by HZB tests materials to stabilize a membrane for photovoltaic-based hydrogen production.
AES claims world’s largest battery storage system
The 30 MW lithium ion battery system is the third massive system to go online in Southern California this week, totaling 77.5 MW of capacity.
