Ecoligo has launched another financing round for the installation of a rooftop solar PV system at a flower farm in Kenya. The system is set to reduce the farm’s grid electricity demand by 50%, and lower its OPEX.
The Chinese battery manufacturer has said it will establish a fab in Germany’s Thüringen with an annual capacity of 14 GWh. The battery cells will be primarily produced for the electric vehicle (EV) industry. Up to 600 jobs are expected to be created. In related news, BMW has entered a €4 billion long-term partnership with CATL.
The new shareholder obtained business operations, and shares in the German solar PV company. This transition finalizes Schletter’s financial recovery.
The Israel-headquartered power electronics supplier continues to diversify its business base as it closes its acquisition of UPS provider Gamatronic. Uninterruptible power supply is a multi-billion-dollar market expected to grow in the coming years.
InnoEnergy has launched its energy management platforms with local partners in Sweden. The platform would help integrate renewable energy resources through battery storage management algorithms. An expansion into other markets is planned already.
The company reports that its IoT ABB Ability platform connects to existing GE Industrial Solutions’ installations. The company will supply its products to GE, with the GE brand name being retained. Access to the North-American market was named as one of the primary motivators for the acquisition. At the same time, the company inked a deal to support Be Power in the Italian market for dispatching services with its ABB Ability solution.
Finnish-based energy-solution provider, Wärtsilä has signed an agreement with automobile producer, Hyundai Motor Group to establish a commercial partnership for the use of second-life electric vehicle (EV) batteries in storage solutions.
In a significant development, two major international solar coalitions – the Global Solar Council (GSC) and the International Solar Alliance (ISA) – signed an MoU for the cooperation and collaboration of solar growth in all ISA-member countries. Pranav Mehta from the GSC talks to pv magazine about the move.
German battery manufacturer, Tesvolt and EPC Unlimited Energy won the Smarter E award last week, for their innovative off-grid solar plus storage project in South Western Australia. The project demonstrates how solar can provide a reliable energy supply without back up from the grid, and why it is set to spread around the world even faster than many predict.
Former manufacturing giant establishes a foothold in the promising Australian market, and says it is in talks with developer Biosar about supplying further modules for projects in the nation.
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