Prices for solar power storage systems have fallen by 25% since spring. The German solar industry expects continued growth in demand for storage systems.
“Over the next five years, we expect to see a disruptive shift in the energy market, with solar power, energy storage, smart devices, energy management technologies and electric vehicles being combined,” says SunPower CEO Tom Werner.
The U.S. Department of Commerce has raised duty rates on Chinese PV makers in its final ruling, but lowered rates for Taiwanese companies. Tariffs must still be confirmed in another ruling in January.
The Norwegian-U.S. polysilicon producer continues to skirt import tariff in China thanks to Process in Trade regulations, but that could soon change. Solar grade polysilicon sales in China make up 45% of the company’s total revenue.
While SolarWorld has applauded the U.S. decision to impose anti-dumping duties higher than 50% on imports of solar power products from China and about 20% from Taiwan, much of the U.S. solar industry has blasted the ruling as detrimental to the sector.
Jenny Chase, head of Solar Insight at Bloomberg New Energy Finance, speaks to pv magazine about the impact of the U.S. ruling on Chinese and Taiwanese PV imports.
Munich-based Dhybrid Power Systems has installed one of its HyGRID Fuel Reduction Systems on the Maldivan island of Thinadhoo.
The Indian conglomerate will partner with the state-run Russian Investment Fund on $1 billion of investments in solar projects across the country.
At 61 MW, Gauss Energía’s Aura Solar II in Honduras will be much larger than any solar project built to date in the region.
Southern Power, a subsidiary of Southern Company, will develop a 131 MW utility scale PV power plant in Georgia. The electricity from the plant will be sold to three Georgia electric corporations under a 25-year PPA.
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