New installs and retrofits behind Australia’s residential storage boom
The Australia residential storage market is booming on the back of a combination of regulatory changes and market dynamics. However, with upwards of 30,000 systems set to be plugged in this year, the influence of early adopters deploying solar+storage to new installations remains a dominant driving force in the current market.
Engie takes full control of solar and wind unit Compagnie du Vent
The French energy giant has acquired 100% of its renewable energy subsidiary Compagnie du Vent. The unit has installed over 500 MW of PV capacity to date.
Dynavolt opens 6 GWh lithium battery production plant in China
The China-headquartered developer of batteries has inaugurated its new €400 million factory in the southern Chinese Province of Fujian that will specialize in the production of lithium-based batteries for C&I applications and electric vehicles.
First Solar seeking sale of its share in yieldco 8point3 Energy
The Arizona-headquartered solar power company wants to strategically align its resources to support its new Series 6 module, and thus seeks sale of its stake in the joint SunPower yieldco. SunPower reaffirms belief that the yieldco can deliver long-term assets and growth.
Natcore’s Foil Cell creeps closer to commercialization
The U.S. cell manufacturer announced a partnership with Italian manufacturer Coveme to accelerate the development and commercialization of Natcore’s latest cell innovation.
Netherlands pre-selects PV projects totaling 2.64 GW in first round of 2017 SDE+ program
Solar dominated the first round of the Netherlands’ 2017 SDE+ program for large-scale renewable energy projects, accounting for 69.4% of all preassigned capacity. Overall, 4,484 PV projects proposals totaling 2,647 MW were accepted.
IRENA: Russia has potential to double 2030 solar target to 5 GW
The international agency describes Russia’s difficult transition to clean power generation technologies. The study, however, outlines the country’s strong solar potential.
Sunnova prepares for its first securitization
The $255 million offering makes Sunnova the latest distributed solar provider to offer securities backed by residential solar assets.
Sumitomo installs 125 kW redox flow battery in Taiwan
The Japanese electrical equipment supplier provided the battery to Taiwan Power Research Institute, which will pair the system with variable renewables such as solar in a pilot project.
Anesco completes 130 MW of UK projects ahead of ROC deadline
The British developer has completed PV projects totaling 130 MW in the UK. All the plants were connected in time for the 31 March 1.2 ROC deadline.
