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The pv magazine weekly news digest

Major solar confabs took place this week in Tokyo and Brussels while German carmaker Daimler unveiled plans for an ambitious new battery fab and SolarEdge appears set to knock SMA off the top residential inverter supplier spot.

U.S. energy storage market more than triples in 2015

GTM Research reports that large energy storage projects made up the bulk of new capacity, but the distributed energy storage market is growing even faster. Lithium-ion batteries dominated deployments during the year.

SolarPower Europe: 2015 was a very good year for solar

The 11th Solar Market Workshop got off to a positive start on Wednesday with an upbeat assessment of solar power development in Europe last year.

Australia aims to unlock battery storage revolution

The Clean Energy Council calls for new energy tariffs that would allow Australian householders to realize the economic benefits of installing a battery storage.

Risen Energy: 2015 net income soars

Chinese PV group Risen Energy saw net income skyrocket 382% to CNY 320 million ($48.9 million) last year while sales rose 78% to CNY 5.26 billion.

Trina posts 29% boost in 2015 net profit

The leading PV manufacturer achieved record results on both a sequential and year-over-year basis last year. In the fourth quarter the comapny’s module shipments hit an all-time high of 1.78 GW.

Welspun Renewables expands solar capacity in Punjab

The leading Indian renewable energy company is on target to commission 1 GW of solar and wind power projects by the end of the current financial year.

Oregon passes bill to phase out coal, set 50% by 2040 renewable energy mandate

Oregon Governor Kate Brown is expected to sign the legislation, which will also create a community solar program.

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Denmark to open tender for German PV installations

The Danish Energy Agency is expected to reserve up to 2.4 MW of its 20 MW tender for German installations. In return Germany is planning to open its tenders for the neighboring country.

99 million households may be powered off-grid by 2020

BNEF has put out a new report which demonstrates impressive growth in the past five years and forecasts a $3.1 billion market opportunity for the off-grid solar industry by 2020.

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