Power Ledger partners with Japanese utility in new trial
Australia-based peer-to-peer (P2P) energy pioneer Power Ledger will partner with Japanese utility Kansai Electric Power Company (KEPCO) to trial its blockchain-enabled platform. The limited trial will first involve only 10 homes in Osaka, however, Power Ledger says that Japan is an excellent fit for P2P energy trading.
Strong sales for Germany’s equipment makers in Q4 2017 – VDMA
According to the latest report published by the German Engineering Association (Verbandes Deutsches Maschinenbau Anlagen, or VDMA), solar equipment sales for German tool makers increased by 117% in Q4 2017, compared with the previous quarter.
Green shift in finance accelerating – $200B from Wells Fargo
Wells Fargo plans to invest US$200 billion by 2030 in sustainability projects, including at least $100 billion in green bonds and clean energy technologies, including renewable energy, EVs and batteries.
Energía Hoy, pv magazine group launch pv magazine Mexico
Trade publishers energía hoy and pv magazine group have partnered to launch a new website – www.pv-magazine-mexico.com – and weekly newsletter to cover the fast growing Mexican solar PV market.
Oxford PV picks up GBP 8.02 million in investments
British headquartered perovskite startup, Oxford PV has received an additional GBP 8.02 million (US$11.2 million) in funding from existing investors. The company states it will use the funds to continue its development of commercially viable perovskite-on-silicon tandem cells.
India: Utility-scale solar plants completed in Odisha, Karnataka
IBC Solar has completed the installation of a 27 MW solar PV plant in the state of Odisha, while Sunsure Energy installed 20 MW across two plants in Karnataka.
China bucks forecasts to install 9.65 GW of PV in Q1, DG leads the way
Of the 9.65 GW of solar PV China installed in the first quarter of 2018, 7.68 GW comprised distributed generation (DG) systems, reports China’s National Energy Administration (NEA). Changes to the country’s PV policy have also been proposed.
Meyer Burger to appeal Chinese ruling in patent infringement lawsuit
Meyer Burger (Switzerland) Ltd has said it will appeal the decision by a Chinese court to dismiss claims that Wuxi Shangji Automation Co. Ltd has infringed on its patented wire wrapping system.
Battery storage funding booms in Q1 (w/ chart)
The latest report by Mercom Capital finds VC investment in battery storage companies rising five-fold year-over-year to $299 million in 12 deals.
China to power new sustainable development zone with renewables
The Chinese authorities plan to use renewable energy technologies to provide all of the electricity that will be consumed in a new economic zone that is being developed near Beijing, according to local state media reports.
