Scatec Solar partners with Nizam Energy on $300m Pakistan PV project
Pakistan Prime Minister Nawaz Sharif signs agreement with Norway’s Scatec Solar in Olso to jointly develop 150 MW of solar power plants in Pakistan, together with Nizam Energy.
8minutenergy commences construction of 137 MW California solar farm
The Springbok 1 Solar Farm, located in Kern County, will become one of the largest PV plants in the region once complete, Swinerton Builders is acting as the EPC.
Buffett strikes cheapest electricity price in US with Nevada solar farm
Berkshire Hathaway’s NV Energy strikes PPA price of 3.87 cents per kWh for electricity generated by First Solar’s 100 MW Playa Solar 2 project, according to Bloomberg.
IFC to invest $25m in MENA renewable energy
The International Finance Corporation, a member of the World Bank Group, to steer the funds towards Alcazar Energy, a power company that will develop solar and wind projects in the region.
EU PVSEC and Intersolar Europe to join forces
Following speculation, Intersolar Europe and EU PVSEC will join forces in June 2016. The merger will see the Intersolar tradeshow and storage conference run concurently with, yet independently from, EU PVSEC’s R&D conference.
Germany: Energy storage opportunity for struggling PV installers
Germany’s solar PV installers are “struggling” to deal with a changing manufacturer landscape, says EuPD Research. Energy storage, however, may offer them new opportunities. The company also finds that homeowners without solar see it as a costly investment with little return expected. Official figures show a YoY small-scale installation decrease of around a third.
NRG, Ice Energy to roll out 25 MW of energy storage in California
NRG Energy Inc. and Ice Energy will roll out 25 MW of energy storage solutions in California. Up to 1,800 of Ice Energys thermal storage units are expected to be installed early next year.
Younicos to add 150 jobs in Germany, US
Younicos has announced it will double its workforce by 2017, adding new jobs in both Germany and the U.S., in response to the expected “exponential” growth in the energy storage market. Overall, the battery specialist has a 4 GW project pipeline.
Expert analysis: The solar storage story
Led by the charge of Teslas headline-hogging Powerwall announcement, the selection of storage technologies unveiled at this year’s Intersolar Europe was refreshingly innovative, says IHSs Sam Wilkinson.
US: Solar to account for 24% of cumulative microgrid capacity by 2020
A new GTM Research report estimates that the U.S. microgrid market will reach a cumulative capacity of around 2.8 GW in 2020. Of this, renewables are set to account for 26%, led by solar.
