Lightsource acquires 469 solar installations in the UK
The British solar developer has purchased 1.32 MW of residential solar PV installations from Ecos Solar Nine as it continues its pivot towards O&M and PV monitoring in the U.K.
Australia has 4.7 GW of large-scale solar in the works, finds new Climate Council report
Key findings of report point to “huge” year for large-scale solar in Australia in 2017, with 20 such plants to come online over the next 12 months. Globally, costs have dropped 58% in five years, with the world now sitting on 300 GW of installed PV capacity.
New York solar grows 795% in five years
The Empire State’s solar industry has attracted nearly $1.5 billion in private investment, putting its goal of producing 50% of its electricity from renewables by 2030 in reach.
Queensland regulators want battery storage out of homes, garages
Two Queensland workplace regulators are recommending that all battery storage units not be placed in either the home or the garage, and should instead be installed in a free standing, weatherproof enclosures.
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.
