France’s EDF enters China’s rooftop solar market
Creation of joint venture with Asia Clean Capital sees the French energy giant announce plans to build, own and operate distributed rooftop solar projects across China.
Guggenheim: Sale of CAFD, NYLD casts doubt on the yieldco space
A research note by Guggenheim Securities says that the discounted sales of NRG Yield and 8point3 Energy Partners show how difficult it has been for investors to accurately value yieldcos, and undermines confidence.
Germany’s Allgäu region connects first large-scale battery storage system
ADS-TEC, a southern German battery solutions provider, has this week connected a 1 MW+ lithium-ion storage facility in the Allgäu region of the country.
China to achieve solar grid parity in 2023, slow development of storage hinders RE adoption, survey shows
Examining the outlook for renewables, grid and infrastructure, and energy storage for the next five years and beyond, the Lloyd’s Register 2018 Technology Radar study asks the question: When will renewables become the dominant source of energy?
US researchers develop new redox flow compound
A team of scientists from the U.S. University of Rochester has developed a compound, which it says could double the effectiveness of redox flow batteries, and “transform the energy storage landscape”.
Northvolt battery project approved for EIB loan that could reach €52.5m
The Swedish storage developer will receive the loan funds via the European Commission’s InnovFin fund, which is part of the Energy Demo Projects facility.
APS, First Solar to install Arizona’s largest battery system
The Arizona-based module manufacturer will install a 50 MW battery system charged by a 65 MW solar farm under a 15-year power contract with the U.S. state’s largest utility.
Teamtechnik receives stringer order for HJT module line
German PV equipment manufacturer, teamtechnik today announced that it has received an order for its TT1400 ECA stringer from an Italian PV manufacturer. The tool will be integrated into a line producing high efficiency heterojunction PV modules.
Enphase and Panasonic announce AC module partnership
Company confirms Panasonic’s HIT modules to be fitted with Enphase Energy’s new IQ7X Microinverter as part of the partnership, while Enphase’s new IQ7X microinverter due to be released in May in North America, Enphase confirms.
REC Silicon posts revenue increase for Q4 2017
Norwegian headquartered manufacturer, REC Silicon has posted revenue of $78 million for the fourth quarter of 2017, a 3.4% increase over the previous quarter’s $75.5 million. The company also increased its EBITDA to $10.3 million, up from $3.6 million the previous quarter.
