Battery storage set to strengthen South Australian grid
Energy giant AGL and the Australian Renewable Energy Agency are launching a 5 MW battery storage “virtual power plant” in South Australia with the aim of boosting grid stability, reducing power price volatility and supporting renewable energy.
TÜV Rheinland launches certification program in Japan
The German organization designed the new program for distributed commercial PV systems in the country.
Renova completes 19 MW in southwestern Japan
Although completed in May, the array had to undergo maintenance following an earthquake in April. The Japanese company is set to expand its solar portfolio from 190 MW to more than 300 MW.
China: XRMC unveils new 7.27 MW rooftop project in Xi'an
The grid-connected solar PV project is a first for parent group China Communication Construction and marks the company’s increased focus on renewable energy.
Heraeus Photovoltaics prevails in Taiwan patent ruling
While litigation in a patent dispute with Giga Solar Materials Corporation is still pending, the Taiwan Intellectual Property Court has confirmed the validity of the German company’s patent for its conductive paste.
Solar Mosaic raises $220 million in new funding
The leading California solar loan provider secured financing from private equity firm Warburg Pincus, Core Innovation Capital and Obvious Ventures. The company’s average loan amount is $30,000, with interest rates ranging between 2.49% and 8.48%.
Germany's fifth solar auction allocates 130 MW to 25 projects
The fifth solar auction for 125 MW was again well oversubscribed, with 62 bids for a total of 311 MW tendered. The average bid amount declined since the previous tender in April, signaling increasing competition in the sector.
Solar empires: The pv magazine USA weekly news roundup
Today we bring you the first weekly collection of stories from the new pv magazine USA website.
Phoenix Solar posts 34% revenue increase, narrows net loss
The German solar company expects a return to profitability this year following a strong performance in the first half of 2016.
DESRI acquires 11 MW California PV project
The Rancho Seco Solar Project, located on the site of a decommissioned nuclear power plant, marks the latest deal between D. E. Shaw Renewable Investments and First Solar.
