Stationary storage costs to remain high, despite predictions of $172/kWh Li-ion battery costs
Lux Research predicts that costs for “best-in-class” players’ lithium-ion (Li-ion) battery packs will fall to US$172/kWh by 2025. These prices will primarily benefit the electric vehicle (EV) industry, however, with the stationary storage market continuing to see significantly higher prices.
InnoSun, Delta Electronics partner on major PV project in Namibia
The French PV developer is using TSMC CIGS thin-film modules and Delta string inverters for the project, one of the first largest PV projects in the African country. Delta and InnSun plan to continue their collaboration on more larges-scale projects in Africa.
Panasonic aims for 1GW global PV module production
Panasonic Corporation is adding new capacity to two of its existing HIT PV module production lines in Japan under a US$79.3 million capital investment. It aims to increase global capacity to over one GW by 2016.
EIA forecasts falling electric capacity additions in coming decades
With earlier planned capacity additions sufficient to meet most growth in electricity demand, annual capacity additions from 2025 to 2040 will fall more than 50% compared to 2000 to 2013 levels.
AfDB report: Opportunities abound in Mali's growing renewable energy sector
The government of Mali aims to increase the share of renewable energy to 25% alongside a target for rural electrification of 61% by 2033 and is working to make investment in the sector more attractive.
Turkey: JinkoSolar to supply 50 MW of PV panels to Tegnatia
A joint venture between Turkey’s T Dinamik and Egnatia Group in Greece, Tegnatia has become a leading solar EPC service provider in Europe.
Yingli Green Energy reveals hefty debt burden, may have to liquidate assets
The leading solar manufacturer issues SEC filing in which it raises specter of inability to meet its outstanding obligations, which currently stand at more than $1.6bn.
The pv magazine weekly news digest
This week Russia unveiled plans to sell troubled PV projects in Crimea, China National Chemical Corp. finalized its acquisition of REC Solar and utility giant E.ON announced its partnership with Sungevity in Germany.
IHS: Chinese inverter prices declining as competition heats up
Inverter prices are falling in China amidst greater consolidation. Domestic manufacturers are also expanding oversees despite the continuing boom in the country.
Azure Power commissions 100 MW plant in India
The installation is the largest capacity project under the country’s Jawaharlal Nehru National Solar Mission. Azure is now the single largest owner and operator of projects under the National Solar Mission with a cumulative operational capacity of 142 MW.
