Berkeley Lab report examines financial impacts of distributed PV on utilities
Impacts to utility shareholder earnings and return on equity can vary greatly but can also be mitigated through a range of measures, according to analysts.
Flow batteries: more cost effective for residential and utility-scale installations?
CEO interview: Bill Watkins, CEO of Imergy Power Systems, speaks exclusively with pv magazine about the company’s vanadium-based flow battery energy storage products and why they make sense for PV developers. Imergy is headquartered in Fremont, California, and has operations in Gurgaon, India.
Manz secures EUR 20 million loan for CIGS research
The credit line is part of an initiative to support midcap companies launched by the European Commission and the European Investment Bank, which describes Manz as “a technology leader well on a par with international competitors.”
Abengoa launches EUR 500 million green bond offering
The Spanish group will use the proceeds to finance existing and future eligible green energy projects.
Centrotherm cites PV sector weakness as 50 jobs cut
The German solar equipment manufacturer announces continued restructuring and modernization program that will see 50 jobs go at its Blaubeuren HQ.
Rockefellers dump oil, embrace clean energy
If John D. Rockefeller were alive today, “as an astute businessman looking out to the future, he would be moving out of fossil fuels and investing in clean, renewable energy,” says Stephen Heintz, president of the Rockefeller Brothers Fund.
Innotech Solar acquires Tripod Energy, Italian PV assets
The Scandinavian-German PV module maker says the acquisition will strengthen its cash position and provide reliable operating revenues from the two PV plants Italy.
Chapter 11 plan for LDK subsidiaries
The Chinese giant plans to shut down three US subisidiaries. On Tuesday a court in Hong Kong will rule on the company’s restructuring plans.
Scatec Solar valued at $298m-$383m
The Norwegian developer will set the share price for its pending IPO next week. The company predicted a price range of $4.42-5.68 per share.
It's about the fossil fuels, stupid!
Frost and Sullivan report predicts coal will dominate electricity generation up to 2030 and gas is ‘a fuel of the future.’ Forthcoming global trends report does acknowledge an explosion in the battery storage market, however.
