pv magazine weekly news digest
In a 100% renewable US we’ll all be running our houses with solar power and relaxing in front of the box to watch Formula E. But we won’t be using AE inverters…
From the Mag: A selection of stories from the July issue
pv magazine’s July edition includes a thorough examination of the utility-scale solar sector in the U.S., tracks the globalization of the tracker industry and explores the storage markets and policies that are driving the battery sector.
GTM: Advanced Energy exit leaves 17% U.S. inverter market share up for grabs
GTM Research has published analysis showing that Advanced Energy currently holds 17% inverter market share in the U.S., meaning the firms exit from the market has left a sizable opportunity for competitors.
Global installed PV capacity to reach 200 GW soon, says German solar association
A cumulative solar PV capacity of 200 GW will soon be reached, says BSW-Solar, indicating up to 22 GW have been added in 1H 2015. Like other recent estimates, the German solar association predicts 50 GW of new capacity additions worldwide this year; in the next four years, capacity is expected to “at least” double.
US: 100% conversion to wind, water and solar power by 2050 feasible, PV to account for 38%
In a new study by Stanford University, a solid financial, technical and economical case for the U.S to convert its all-purpose energy systems to ones powered by wind, water and sunlight (WWS) has been made. Based on their calculations, the authors say solar PV could account for 38% of power generation in 2050, and create up to 2.3 million jobs.
Leclanché secures $8.2 million in financial backing
Swiss battery maker, Leclanché has secured CHF7.7 million (around US$8.2 million) in additional funding to support its growth plans. Major shareholder, Recharge Aps has also agreed to convert up to CHF 17 million of its loan into equity.
10 companies take legal action over EUR 100 billion Hinkley nuclear subsidies
An alliance, including Greenpeace, is appealing the European Commissions decision to approve subsidies for the British nuclear power plant, Hinkley Point C. Germanys Bundestag is voting this evening on whether to follow suit.
CEFC supplies AUD100 million for solar leasing
Australia’s Clean Energy Finance Corporation (CEFC) will provide ADU100 million (US$77.2 million) to support the rollout of solar leasing by utility Origin. The funds will be provided over a 12-year period.
US solar output 50% higher than official figures suggest, report finds
A joint study by GTM Research and kWh Analytics finds that distributed solar in the U.S., absent from official EIA figures, accounts for 9.2 GW, or 45%, of the nation’s capacity.
Solar Independence Day: where does UK solar go from here?
The U.K.’s Solar Trade Association will once again host a Solar Independence Day on Friday and Saturday, with the industry at something of a crossroads under the new government.
