The funds will assist the demonstration and deployment of Bosch’s direct-current building-scale micro-grid platform, which the company says will provide a more reliable and resilient power supply to critical loads.
Analyst group IHS predicts that 11 national solar markets will grow to more than 1 GW p.a. of solar demand by 2019, resulting in a more stable market of more than 75 GW p.a. IHS predicts total installed capacity to reach 500 GW in the same timeframe.
Chinese solar company undeterred by European Commission’s findings that it had breached the terms of the minimum import price agreement, says ET Solar VP for operation and sales, Patrick Guo.
Survey results suggest 82% of energy professionals believe world can be more than 70% renewable by 2050 provided future debate migrates from integration to whole-system assessments.
The Swiss company, which recently completed its majority owned 70 MW Salvador solar park in Chile, posted a 60% increase in net losses last year as revenue fell 8%.
Chinese solar manufacturer JinkoSolar will add 500 MW of solar cell and 450 MW of module manufacturing capacity in Penang, Malaysia. Jinko has signed a lease for factory space and will invest US$100 million in new tooling.
Solar power loss expected to be minimal, but event offers unprecedented opportunity to assess the impact of small oscillations on national grids across affected areas in Europe.
The world’s biggest energy company Saudia Aramco has turned to PV as a key technology to reduce its power consumption at its “nonindustrial” facilities. The company has indicated the move will “displace hydrocarbons that could be better utilized within the Kingdom [of Saudi Arabia] or even exported.”
The Chinese PV developer will partner with Aqua Clean Energy on the co-development of floating PV projects in four U.S. states as well as Mexico.
Like the rest of Europe, Germany is bracing for its own version of Black Friday: Higher wholesale electricity prices, increased costs for reserve power and compensation in case of PV plant shutdowns are all in the cards.
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