Residential PV

Although provisional statistics indicated the country had 230 MW of PV capacity at the end of last year, a new report reveals solar growth in 2017 was larger than expected – at 117.6 MW – and that cumulative installed capacity surpassed 300 MW.

Recent analysis from the Department of Energy shows the Midwest and Plains States lead, but the coasts are on track to catch up thanks to mandates.

The inverter maker will buy 75% of Kokam’s shares for $88 million, with an intent to acquire the remainder shortly after, on the open market. Strategic company acquisitions and close partnerships are characterizing this year’s inverter market, as companies seek to diversify and integrate storage systems and other technologies.

A few days after the Spanish government introduced new rules for self-consumption and canceled the solar tax, the Spanish Parliament is now reviewing new provisions to reduce the time frame of the registration for a project under the self-consumption regime, while also simplifying bureaucratic procedures.

The Intergovernmental Panel on Climate Change (IPCC) has released a new report on different ways global warming can be kept within the 1.5°C limit. The panel seeks to inform policymakers before the upcoming COP24 in Poland this December. Resulting from their analysis, the 91 authors state that drastic action and significant investments are needed. Such climate action across all sectors would have significant positive effects on sustainable development progress, they say.

According to a study conducted by Massachusetts Institute of Technology, companies that use data-driven decision-making are 5% more productive and profitable than their competitors. Jean-Yves Bellet, cofounder and VP-CTO of QOS Energy asks,“Can we apply the results of this study to solar PV operations and maintenance?” Today, solar plant owners expect to generate value from their data using real-time decision-making tools, analytics, and machine learning models.

The Spanish Cabinet has approved a royal decree, which introduces a package of urgent measures to boost the country’s energy transition. It includes the already announced elimination of the “sun tax”, and other important measures, such as compliance with renewable energy objectives, electric vehicle adoption, reduced electricity prices, a social bonus for heating, consumer protection measures, and the extension of an electric social bond.

A new report by Wood Mackenzie finds a surprising amount of potential demand flexibility in U.S. homes, which can make the job of integrating more solar and wind easier.

Looking at a scenario, in which the Spanish residential solar market is booming again, energy consultancy, ecoSynergies finds that the energy system could save billions, both in terms of CO2, and fuel and grid costs. Additionally, introducing the EU’s suggestion to fairly compensate prosumers for their surplus energy, would allow households to slash payback times for their solar systems by more than a half. In some cases, the amortization period could go down from 25 to seven years.

Lebanon’s International Beirut Energy Forum (IBEF) 2018, which took place last week in the country’s capital, saw the announcement of various solar tenders that depict the domestic PV sector’s take off.