Quasi-governmental body the CPIA has released first-half figures for the world’s biggest solar marketplace which show production volumes for export markets continuing to expand and the domestic picture set to rebound after public solar subsidy levels were published.
The London-based developer revealed blockbusting annual figures which show it is debt free, has almost £20 million in the bank, raked in more than half that figure in net profits in 2018-19 and expects twice as much in a year’s time.
The final segment in pv magazine’s look at unsung solar markets heads to Ukraine, where a generous feed in tariff and developments in the corporate PPA segment looks likely to push installations past the 1 GW mark for 2019.
Corporations are buying up batteries and investing in their companies like it’s going out of style.
According to the latest market forecast published by Wood Mackenzie, it seems that global PV installation figures will rise to 125 GW per year from 2020. Continued global capacity expansion will come in through a growing gigawatts-club.
Hyundai has unveiled its new hybrid, the Hyundai Sonata, complete with integrated solar cells. The Sonata’s unveiling joins Toyota and Lightyear in integrating solar PV with EVs.
In a first disbursement, 41 smaller projects will be taken into the independent power producer’s portfolio. The Italian market appears to have been kicked back into life after announcements of generation capacity goals and with new large scale auctions planned for September.
Box Energi says its planned EV fast charging network in the U.K. will be one of the largest single-country DC networks in the world, and that it will be supplied with 100% renewable energy.
Elon Musk’s EV and energy company is becoming increasingly irrelevant in the rooftop solar market, but battery sales are booming.
The business will come under the control of its Chinese state-owned parent power company after a shareholder vote agreed the move earlier this month.
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