In more positive news for the company, Sonnenbatterie GmbH has opened an R&D facility in Georgia. Research will focus on next generation smart energy storage devices.
The e-commerce giant to invest approximately $150 million in development as it looks to increase its renewable footprint following criticism from Greenpeace.
In a new report, Roland Berger Strategy Consultants predict solar PV could account for 12% of Europes total electricity production by 2030. It further looks at the challenges and opportunities decentralization is presenting utilities, including regulation.
Evolution of show reflects changing landscape of Germany’s and Europe’s solar industry, with storage technology brought to the fore.
Division created to meet industry needs, the independent energy advisory announced. Storage halls abuzz on day one of show.
The industry body formerly known as EPIA had irked the German solar company with its opposition to EU trade duties, something SolarWorld had long lobbied for.
Analysts say a massive 32 GW pipeline of utility-scale solar is under development in the U.S., with developers aiming to finish their projects by the end of 2016, when the Federal energy investment tax credit (ITC) expires. Almost half of this is set to be installed in leading solar state, California.
In another positive announcement for the U.S., a record 1.3 GW of solar PV has been installed in Q1. The residential sector boosted growth, installing more capacity than natural gas, thus highlighting the significance of its future role in the electricity market. Overall, solar accounted for 51% of all new energy generation brought online.
The 102 MW Nyngan Solar Plant in Australia has become fully operational. The installation of the plant, which is now Australias largest, has been completed, with the array now connected to the grid and final testing currently being carried out.
An 18% increase in shipments helped swell the Chinese inverter market to 13.3 GW, but revenues dropped 6% on the back of significant price declines, say the analysts.
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