All News

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.

The suggestion of additional investments beyond the $1.6 billion follows reports of battery cell shortages as Tesla’s Model 3 picks up production. It is unknown what impacts this will have on Tesla’s stationary storage business.

A team of researchers from the University of Erlangen-Nuremberg in Germany has published research into a physical-chemical process known as singlet fission, which it says could boost solar efficiency by as much as 50%.

Spain’s Enel unit Endesa plans to invest €59 million in the construction of a 84.9 MW solar park in the town of Totana, in the southern region of Murcia. In other news, Catalonia is also seeking independence through energy. In this vein, Barcelona Energy, a public metropolitan electricity operator that will supply renewable electricity to the City Council and other municipal companies, as well as street lighting, began operations yesterday.

According to new provisional numbers released by the Ukrainian government, around 206 MW of new solar PV power stations were connected to the country’s grid in the first half of 2018. Cumulative installed PV power has now reached 948 MW.

In particular, the rooftop PV segment continues to drive the market in Germany. For ground-mounted systems, newly registered PV capacity for May was approximately 37.5 MW.

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.

Through the tender, the French government intends to allocate 200 MW for ground-mounted PV plants up to 30 MW, and 100 MW for rooftop solar systems up to 8 MW. Projects financed through crowdfunding will be granted the €3/MWh bonus, which is also included in all of the national tenders.

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 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.