Firm to use money to help develop its Smart Off-Grid technology.
Study by RnRMarketResearch forecasts Chinese solar battery market to total 65 GW by 2018, with annual growth averaging 14% as solar and storage industries converge.
Analysis by the Centre for Solar Energy and Hydrogen Research (ZSW) reveals 320,000 new electric vehicle registrations in 2014 as car battery suppliers hit $2.17 billion in revenue.
The development bank has provided a grant of $420,000 to support technical development, due diligence and advisory systems in the country.
New trade body will work closely with the Scottish government to advise on the benefits of solar power north of the border.
Facility will hold 500 kW of modules initially, rising to 1 MW later this year as the Chinese solar company ups its presence in sub-Saharan Africa.
The NordLink project will be Europe’s longest HVDC power grid interconnection, enabling the transmission of 1.4 GW of renewable energy. ABB has won the $900 million order to connect the nations’ grids.
The move comes as Chinese PV group seeks to diversify sales — in 2013 and 2012, its parent company was its sole source of revenue.
There have been mixed responses to the question as to whether China can achieve its ambitious goal to realize 17.8 GW of PV in 2015. Some insiders call for structural reform of downstream segment to meet increased expectations.
Ministry of New and Renewable Energy urges each of India’s states to present clear policies for solar energy to the government.
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