The French giant has finalized the acquisition of the battery producer in a deal thought to be worth $1.1 billion, via the completion of a successful share tender.
While there has been a downturn in solar funding, battery and smart grid investments had a very strong quarter.
The German inverter supplier to cut 80 jobs at its Neckarsulm HQ as part of restructuring process, some roles to be transferred to the firms U.S. and South Korean operations.
Three former bosses of large U.K. energy firms confirmed as private backers of new London-based battery technology provider Moixa Technology.
Indian imports of solar PV cells and modules from outside manufacturers multiplied by more than three times from 2014-2015 to 2015-2016, as the solar industry in the country experiences a radical growth, there are even plans for the country’s railways to be powered by PV technology.
The SolarWorld-Hemlock case dominated the news this week, but Intersolar North America, EU investigation into alleged Chinese malpractice and Indias soaring PV ambitions also turned heads.
The Californian Independent Solar Operator Corporation unveils data showing the state hit a new record of 8,030 MW of solar generation this week.
The Chinese inverter specialist officially launches the Sungrow-Samsung SDI Energy Storage Power Supply Co., Ltd joint venture in China.
The off-grid microgrid has been installed at the Loisaba Conservancy by Aquion Energy and SolarAfrica and will be able to offset the conservancys diesel use by 95%, at a time when off-grid solar is making a charge in Africa.
The Argentine government wants to promote renewable energy in rural areas of the country, and to do so it has launched a tender for about 6,500 off-grid solar systems. German companies are allowed to participate.
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