Growth in non-hydro renewables increased by 11% in 2014, with utility-scale solar alone enjoying 102% increase in electrical generation, data shows.
This latest generation of the company’s kerfless wafer production machinery, which avoids feedstock waste by forming wafers directly from molten silicon, is designed to make more than 5 MW per year.
The two Dubai-based companies are teaming up to deploy Enerwhere’s fleet of mobile solar power systems, which can provide power to construction sites, industrial locations and worker accommodation facilities around the Middle East on a rental or PPA basis.
A new report from Lux Research has found that lithium ion (Li-ion) battery technology is set to dominate the emerging grid-tied storage market. The report finds that 90% of proposed grid storage projects in 2014 are set to be supplied by Li-ion technology.
It could be posited with reason that the off-grid solar market is still one that is finding its feet, and still in the period that all new industries go through as it tries to make sense of how it can best serve its market. Innovative financing techniques are emerging as the offgrid market matures, in this the first in a series of articles on innovation in the offgrid space.
Indications are mounting that Sharp is looking to raise much-needed cash through the partial or complete sale of its solar business. While its brand remains strong and share of the Japanese PV market dominant, experts say Sharp has struggled with profitability from its solar segment on the back of the weak yen.
The Utah-based company, whose net loss attributable to stockholders per share was $0.35, is expanding downstream operations and expects to install 290 to 310 MW this year.
The Pennsylvania-based energy storage and PV company brings its projects, pipeline and personnel to SunEdison, allowing it to now offer battery storage solutions to complement solar and wind projects worldwide.
Industry analysts IHS believe that inverter price decreases will lead global balance-of-system (BoS) cost reductions in the PV industry. Inverter prices are predicted to fall 8% annually through to 2019.
The company announced major increases in sales and net profit last year. The recent acquisition of Recurrent Energy, meanwhile, will expand its total project pipeline to 8.5 GW. Some 2.4 GW of late-stage projects represent a revenue opportunity of at least $6 billion over the next two to three years, according to the group.
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