All News

Circular Energy Storage, a London-based research and consulting group, reports a strong business case for reconstituted electric vehicle batteries for energy storage applications. As the EV and static storage system markets grow rapidly, synergies could be a useful tool for continued cost optimization.

According to a new report published by consultancy Greener, the price of DG systems keeps falling in Brazil and total installed capacity has surpassed 308 MW. In the first half of the year, newly installed capacity was around 126 MW – more than the country installed in all of last year.

Shanghai Electric’s move to take over GCL-Poly’s Jiangsu Zhongneng has fallen through because conditions are not ‘mature enough’. The development, announced this afternoon to the Hong Kong Stock Exchange, will be closely watched by the global solar industry.

The solar plant was commissioned last week in Ourique, southern Portugal. The project was developed by UK-based renewable energy company Welink and Chinese engineering services provider China Triumph International Engineering (CTIEC).

The company has experienced continued growth and after the acquisition of a UPS supplier – as well the potential for Chinese power electronics manufacturers to suffer under proposed new inverter tariffs – SolarEdge feels confident of continued growth.

With Hanwha Solar Holdings already owning 94% of the company, the module manufacturer could soon be a private company again. The Korean solar company says the transaction would cost the holding company around $45 million.

The U.S. National Renewable Energy Laboratory has developed a process which it says can dramatically reduce the costs of producing ultra-high efficiency cells from gallium arsenide, and other III-V compounds, similar to the solar cells used by NASA in space exploration projects.

EV charging infrastructure is set to become a major market, and actors from different sectors like municipal utilities, inverter companies and storage system providers are getting creative, and collaborative, in order to secure a slice of the cake.

The Colombian Ministry of Mines and Energy announced that up to 1 GW of renewable energy generation capacity may be allocated. The competition will be open to solar, wind and biomass projects exceeding 10 MW in size.

According to reports from Energy Trend, a 30% decline in PV demand from China this year will likely spell trouble for some of the country’s major module manufacturers, with job losses and factory closures expected, despite China’s determination to open new international markets for its PV industry.