In the first nine months of 2018, the energy division of the Germany-based group recorded a loss of over €10 million. By the end of the year, earnings are expected to enter positive territory, however,
Zinc battery specialist NantEnergy has acquired the U.S. energy systems and services business from Japanese electronics giant Sharp. The acquisition, according to NantEnergy, will provide the company with an important foothold in the U.S. market and allow it to provide “energy as a service” business models, using its Zinc-air battery, in multiple markets.
SMA Solar Technology AG saw its net income fall from €25 million in the first nine months of 2017 to €8 million in the same period this year. Despite the dip, it remains confident of its position in the industry going forward.
The owners of private buildings will be eligible to borrow for measures including solar panels and insulation, with the funds to be distributed by the domestic Union Bank.
Enphase’s 3rd quarter results saw revenues at $78 million with an estimated $10 million sales shortfall due to a component shortage, as the company shipped 204 MW of inverters. Future speculation saw an international play on the IQ8, the SunPower partnership, and energy storage driving growth.
New solar installations in the country reached the milestone in six months, according to Dutch New Energy Research, which publishes its first Dutch Solar Quarterly report today.
Developers gave short shrift to warnings about depreciation, protectionism and tax headwinds as tendering and auction figures soared, but shied away from tough price caps set for the Solar Energy Corporation of India’s procurement exercises.
The rise of batteries will attract that headline figure in investment up to 2040, say analysts, as exponential growth in EV ownership, falling stationery system costs and the needs of the world’s grid-poor regions combine to boost lithium-ion technology.
A report published today by U.K.-headquartered energy company Drax says that, for the first time ever, total generation capacity available from renewables has overtaken that of fossil fuels on Britain’s electric grid.
The polysilicon, PV wafer and module and inverter maker has arranged a second EGM of 2018 to seek permission for two bond issues, as its peers scramble to raise their manufacturing capacities.
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