Norway’s REC Silicon lays off 40% of US workforce, reduces production
REC Silicon ASA has announced that it will today lay off around 100 employees from its workforce based in Washington, the U.S., and reduce production, as a “direct result” of the trade dispute between the U.S. and China.
Sweden increases 2018 solar budget, again
The annual budget for solar rebates has been raised from SEK 390 million to SEK 915 million (US$102.5 million). Additional funds are intended to spur more growth and reduce waiting period for applicants.
Yingli to transfer to OTC Pink after NYSE delisting
Yingli Green Energy Holding Company Limited has been delisted from the New York Stock Exchange, and expects to begin trading on the OTC Pink on July 2, where there are no disclosure requirements.
The Weekend Read: The hows and whys of corporate PPAs
More and more corporations are signing contracts with wind and solar projects, and as this happens the space is becoming broader and more complex.
EU: No charges for PV self-consumption up to 30kW
EU member states have reached a consensus regarding the prohibition of discriminatory taxes for self-produced energy, in negotiations on the renewable energy directive. The indiscriminate regulation covers systems of up to 30 kW capacity. Furthermore, double taxation through the additional charges on energy storage is to be avoided.
Nissan commissions 3 MW storage system at Amsterdam’s Johan Cruijff Arena
The project – the largest storage system using second-life and new electric vehicle batteries installed at a commercial building in Europe to date – was developed in partnership with Eaton, BAM and The Mobility House. pv magazine was present at the commissioning ceremony.
Germany’s KfW finances South Africa’s grid enhancement with $100 million
The improvement to the country’s power infrastructure is planned to enable the integration of renewable energy IPP projects under the recently-signed PPAs, as part of the REIPPPP program.
Big storage goes metro: Tesla supplies 500 kWh to City of Sydney
The City of Sydney has installed the first large scale battery storage system to be located within the Sydney metropolitan are. Transgrid and the City collaborated on the project, which sees 500 kWh of batteries coupled with around 450 kWp of rooftop PV.
UK: Committee on Climate Change urges action from Government
A report published this week by the UK’s Committee on Climate Change warns that the country is currently not on course to meet emissions reduction targets set out in its Carbon Budget legislation; and outlines a series of actions it believes the government should take in order to get back on track.
SMA delivering equipment to grid storage facility in the UK
The German-based company delivered 26 battery inverters for lithium-ion storage with a capacity of over 50MWh. The facility is one of the largest of its kind and will provide reserve capacity to compensate for deviations in the power supply.
