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Following on from a partnership in 2017, Kostal and BYD are looking to further strengthen their ties under a new deal, which will see them provide storage solutions to the residential and commercial solar segments.

Canadian Solar Inc. says it has entered into agreements with Dr. Shawn Qu and several unidentified potential equity partners regarding the plans to take the manufacturer private. It has also sold 30 MW worth of PV plants to its infrastructure fund in Japan.

Today, Panda Green Energy Group Limited posted its results for the first half of the business year 2018. The company made itself a name when it started constructing Panda-shaped solar parks in 2017.

The U.S. state’s recent passage of SB 100 and SB 700 is expected to spur a boom in solar and behind-the-meter battery deployment. pv magazine has done the math on what we can expect.

Wood Mackenzie projects that the U.S. energy storage market will reach well over US$500 million in sales this year, following on 61.8 MW / 156.5 MWh of installations during the second quarter. Residential storage has grown at 61% per quarter since Q1 2017.

The Australian Renewable Energy Agency (ARENA) has offered funding to nine Australian universities and research organizations to propel innovation in green hydrogen export.

In an interview with pv magazine at this year’s Intersolar SA in Sao Paulo, Rodrigo Sauaia, president of Brazilian solar association, ABSSOLAR discussed the current issues and opportunities in Brazil’s PV market. The association is calling on the Brazilian Government to contract up to 2 GW of solar power in future auctions, and to maintain current rules for DG. The private PPA segment, meanwhile, which only a year ago appeared unviable, has begun to show positive results. All in all, solar in Brazil is growing, despite the hurdles created by a difficult political and economical environment.

An Africa power sector scorecard shows that solar will make inroads into the African energy sector over the next two years, accounting for 9% of new capacity additions, as renewables uptake across the continent continues to grow.

The New Climate Economy and OVO Energy, together with the Imperial College London, have published two independent reports pointing at the tremendous financial advantages resulting from clean tech transitions. Carbon pricing schemes could reap global sales of around US$2.8 billion, they say. Wide-spread use of storage, V2G, and electric heating could further save U.K. homes around $258 per year.

The parent company of Chinese solar module maker, Suntech saw its net loss almost quadruple in the first half of this year, while net revenue grew year-on-year by just 0.7%. Sales of solar products in the period reached around 1.9 GW, and the group’s total installed operational PV capacity reached 1.5 GW at the end of June.