The Austrian Parliament has approved a new renewable energy law. For the first time, storage combined with PV will receive support. The local association Photovoltaic Austria expects a 25% growth for PV in 2018.
Swiss power electronics firm to install its state-of-the-art microgrid solution at the University of Chester’s new Energy Centre, in what will be the first energy management system of its kind in the U.K.
The latest long-term forecast from analysts Bloomberg New Energy Finance (BNEF) predicts solar energy costs to drop a further 66% by 2040, and onshore wind by 47%. Given these predictions, BNEF expect that renewables will undercut the majority of fossil based generation by 2030, even in India and China.
With 161 GW installed, last year was a record 12 months for global renewable additions, finds the annual overview of the state of renewable energy drafted by REN21. Solar PV accounted for around 47% of the capacity added.
A surge in California’s market driven by the Aliso Canyon gas leak is behind much of the boom, as deployment shifts to longer-duration energy storage.
The Iron Horse project is paired with a 2 MW solar array and will provide frequency regulation as well as voltage control support.
The expansion of the Asian solar market in the first quarter of 2017 was broadly similar to the growth seen in the first quarter of last year, although most countries in the region have yet to reveal official installation statistics for the January-March period, the Asian Photovoltaic Industry Association (APVIA) said in a new report.
After two hours the fire was extinguished. The fire accident was caused by a storage system provided by a third-party battery system.
The Japanese trading firm has started selling its new Smart Star L lithium-ion storage battery system for the Japanese residential PV market. It has designed the system in cooperation with Yokohama-based manufacturer NF Corp.