UK urged to adopt flexible electricity system to support renewables, finds new UKERC report
The U.K. Energy Research Centre has called on the British government to invest in greater grid flexibility if it is to make renewable energy sources cost-effective. Solar Trade Association calls the report “timely”.
Japan’s solar shipments fall 5% in fiscal Q4 — JPEA
Deliveries of PV cells and modules hit 1.7 GW in the three months to the end of December, down from 1.8 GW in the July-September period, according to the Japan Photovoltaic Energy Association (JPEA).
GCL-SI signs Mexican distribution deal with DMSolar
GCL System Integration (GCL-SI) did not disclose the financial terms of the master distribution agreement, under which Guadalajara-based DMSolar will offer the Chinese PV maker’s components, as well as its GCL-P6/60 and GCL-P6/72 panels.
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.
SolarEdge Q2 2017 financials show record 35% gross margin
Israeli module level power electronics firm posts highest gross margin to date despite slowdown in U.S. residential market, which remains the firm’s chief revenue stream.
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.
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.
VC funding for green energy reached record high in 2016, finds BNEF
Data from Bloomberg New Energy Finance reveals total of $834 million steered towards the global clean energy industry last year, marking the third consecutive annual increase.
China’s 200% DG solar growth rooted in agriculture sector, finds AECEA
Detailed examination of the National Energy Administration’s official solar PV statistics for China reveals a 200% year-on-year growth in distributed solar. Sector grew by 4.23 GW in 2016.
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.
