Utility-scale grid connected battery storage is set to reach up to 12 GW by 2024, while annual revenues will grow to around US$8.44 billion. The U.S. will be a leader, followed by China, Japan and Germany. Despite an overall positive outlook, there are significant market challenges to overcome. These are the findings of a new report by Frost & Sullivan.
Representing the module manufacturers largest domestic deal to date, Yingli Green Energy Holding Company has signed a 170 MW solar PV module contract with CFC Group Construction Limited. The modules will be shipped in the third and fourth quarters of this year.
Events at the Solar Power International exhibition in California complement a busy week for the U.S. solar industry, while Dubai’s grand plans and Trinas new business strategy also turns PV heads.
The Swiss engineering giant’s biggest project is Adani Group’s 648 MW PV plant in the southeastern Indian state of Tamil Nadu. Earlier this year ABB became the first company in the country to deliver solar inverters with a cumulative capacity of 2 GW.
With the addition of the PV monitoring and data analytics company, Genscape — part of the Daily Mail and General Trust plc conglomerate — will expand its operations into the burgeoning solar sector.
With the addition of the PV monitoring and data analytics company, Genscape — part of the Daily Mail and General Trust plc conglomerate — will expand its operations into the burgeoning solar sector.
Suniva recently said it will ramp up U.S. solar manufacturing capacity to 400 MW. The company told pv magazine it intends to complete the expansion by next year. Up to 500 full time jobs will be created in Georgia. It also confirmed the growing trend towards monocrystalline products.
The program will be crucial in evaluating how net-zero energy homes that generate and store their own energy impact the local electricity grid. California is aiming to have all new homes net-zero starting in 2020, and all new commercial buildings by 2030.
S&C Electric Company has been contracted by Half Moon Ventures (HMV) to supply and build a 7 MW lithium ion energy storage facility in Ohio. The system will be connected to a 4.2 MW solar PV plant thus making it the largest solar+storage system in the U.S., says S&C.
The Azraq refugee camp and three of Jordans universities are the latest additions to the country’s long list of solar subscribers, with plans to install 50 MW worth of PV. Jordan is increasingly turning to the renewable energy to combat its everyday energy dilemmas.
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