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.
While pumped-hydroelectric energy storage continues to dominate the U.S. storage landscape, with 22 GW of total installed capacity, installations of non-hydro alternatives such as chemical battery systems are growing fast.
SNV Netherlands Development Organisation is partnering with other international development agencies, banks and private-sector companies on a new initiative aimed at bringing much needed solar solutions to people without access to electricity.
Partnering with RE Projects Development, the vertically-integrated PV company says it is cementing its footprint in one of the strongest PV markets in the world.
Solar-Fabrik AG delivers ca. 24.000 modules with a total capacity of 6 megawatts (MW) for the repowering of a solar park in Germany. The project is managed by Densys PV5 GmbH.
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