Battery storage may have started mass market take-up in Australia
A community-based program to encourage the uptake of solar and battery storage in Australian homes and businesses has been so successful that the promoters believe the battery storage sector may be in the early stages of mass-market uptake.
Trina Solar Q3 revenue contracts 22.9% sequentially as shipments fall short of guidance
The Chinese solar developer posts expected contraction of revenue and shipments in wake of module price slump and general market headwinds facing the firm.
Sweden plans 60% subsidy for residential batteries
Sweden has announced a government subsidy that will cover 60% of the cost for installing a residential energy storage system, up to a maximum of 50,000 kroner (US$5,400). Battery, wiring, management systems and installation will all be eligible for payment under the subsidy.
Volkswagen announces shift toward clean energy and electric vehicles
In an effort to rebuild its reputation after last year’s emissions cheating scandal, the German car manufacturer has announced plans to become the world leader in electric vehicles by 2025.
Price of mono PERC keeps rising amid strong demand for high-efficiency modules
Module prices began to bounce back in October, helped by a rise in the prices of multi-crystalline, cell and wafer. Currently, the price of common multi crystalline modules has risen to RMB 3/Watt (US$0.43), from a low of RMB 2.8 (US$0.41) in Q3.
Skytron Energy chosen by Sonnedix to monitor 57.6 MW Puerto Rican solar plant
The German-based tech group has been commissioned by the EPC to provide monitoring and supervision technology to the Oriana solar plant, which is the largest in the Caribbean.
TVA & NextEra put online Alabama’s largest PV plant
The 75 MW River Bend Solar Energy Center represents a rare entry by TVA into the world of non-hydro renewable energy.
JinkoSolar supplied modules for 140 MW PV plant in Minnesota
Chinese PV manufacturing giant, JinkoSolar, was chosen to supply its 72-cell solar modules to the North Star Solar project in Minnesota, U.S., which will be the largest solar plant in the American Midwest once it is connected to the grid later in the year.
Mosaic closes deal for a USD 250 million financing facility from Deutsche Bank
The California-based solar loan provider for homeowners has added another substantial capital warehouse to its growing financial clout, this time a USD 250 million facility from Deutsche Bank, as it aims to have USD 1 billion available for solar loans by summer 2017.
Hanwha Q Cells records 65% YoY revenue increase for Q3
South Korean solar firm posts revenue of $707.8 million for third quarter, generating gross profits of $140.5 million. Shipment volumes remain undisclosed, however.
