RES Americas to build 40 MW energy storage system in Illinois
BYD America will supply the battery storage modules for the projects. The batteries use lithium iron phosphate. Construction is to begin this winter, with completion scheduled for August.
Australia: attempts to cut Renewable Energy Target hit another barrier
The Australian Federal Government’s attempt to cut the country’s mandatory target for renewable energy (the RET) has hit another roadblock. The major opposition party, the Australian Labor Party, has walked away from the negotiating table, saying it cannot accept the “deep and devastating cut to the sector,” being proposed by the government.
Scatec Solar secures $100 million in financing for solar plants in Jordan
The Norwegian company and its Jordanian partners will receiving funding from the EBRD and France’s Proparco for the planned 43 MW of projects.
European power prices up 6.5% in October due to scarce solar, wind output in Germany
German solar and wind output in October was down 22% year-on-year to 5.75 terawatt hours, according to Platts. German day-ahead power prices averaged EUR 35.42/MWh in October, the highest level since January and 2% higher than in September.
SunPower buys SolarBridge Technologies
The PV group, which is majority owned by French oil and gas giant Total, says SolarBridge’s high-performance microinverter technology offers system design flexibility and a lower cost of installation.
Sungage Financial secures $100 million for solar loan program
Following its participation in the CT Green Bank solar loan program, the Boston startup is aiming to expand residential solar loans on the East Coast.
Construction begins on 71 MW Argentinean PV fab
The foundation stone of a 71 MW ingot through module c-Si solar panel manufacturing facility has been laid in the San Juan province of Argentina. Local utility Energia Provincial Sociedad del Estado (EPSE) will operate the facility, which is being supplied by Germany’s Schmid Group.
Solarcentury wins approval for 28 MW solar farm in UK
The Walkers Wood Solar Farm represents the largest PV installation to date for the U.K. solar company and its land and property consultancy partner, Savills.
UBS: Solar plus storage is already cost effective in Australia
A new study from investment bank UBS says solar plus storage already make economic sense for Australian households, a finding that could dramatically reshape the nature of the energy industry in the country.
French PV market grows during Q3 2014, but new applications slow
New data indicates that France installed 286 MW of solar PV during the most recent quarter, however the number of new feed-in tariff and interconnection applications are both declining.
