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Markets & Policy

Daimler: Deutsche ACCUmotive to offer stationary PV storage

The German auto giant plans to offer batteries for industrial and stationary storage in addition to the batteries it uses for its electric and hybrid vehicles.

EIA: South orientation yields 11% more energy

The U.S. Energy Information Administration (EIA) released a study Wednesday showing that a south-oriented fixed-tilt PV system will yield 11% more annual energy than a flat fixed system. In contrast, the study showed that a dual-axis tracker would yield 48% more energy than a flat orientation.

Russian solar industry on verge of serious crisis

The Russian industry of solar energy is on the verge of serious crisis, due to economic crisis and devaluation of national currency – ruble, caused by sanctions, imposed on Russia.

JinkoSolar posts third-quarter increases in sales, profit as it reviews sale of downstream biz

The company currently has 15 projects totaling 488.5 MW under construction. It is also planning to gradually increase its percentage of distributed generation project construction in 2015. For the full year, JinkoSolar expects total solar module shipments of between 2.9 GW and 3.2 GW.

LG Chem partners with Siemens on battery storage systems

Just days after Daimler announced that it would halt production of its in-house battery cells and instead use LG Chem cells for its electric and hybrid vehicle batteries as well as for stationary storage solutions, the South Korean chemical giant said it would collaborate with another major German player on industrial battery storage systems.

Serbia inaugurates 2 MW solar farm while rejecting PV

While the country’s solar PV tariff is very good, a separate renewable energy production law allocated an extremely low quota for PV plants, including 6 MW for ground-mounted installations and 4 MW for rooftop, by 2020.

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Sunnova raises $250 million in funding round

The third-party solar provider notes that this is the largest funding round by a residential solar service company in the United States, and brings its total funding to half a billion dollars.

NRG announces strategic focus on renewable energy, DG and storage

The American energy company has announced carbon goals and an intensified focus on renewable energy and distributed generation at the ground-breaking of its new headquarters in New Jersey.

Indian solar market to more than double to 1.8 GW in 2015

Mercom Capital’s strong 2015 outlook follows on a dismal 2014, with only 800 MW forecast by year’s end. This optimistic forecast is influenced by a variety of factors, including moves by the Modi administration.

US Ex-Im Bank signs $1 billion agreement to support clean energy exports to India

Ex-Im Bank Chairman Hochberg Signs $1 Billion Memorandum of Understanding to Support U.S. Clean Energy Exports to India
Announces the MOU at the India-US Technology Summit in Noida

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