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Markets & Trends

SolarCity collaborates with PG&E on distributed energy project

The U.S. residential PV installer will work with the Pacific Gas and Electric Company in San Jose, California, to test the efficacy of coordinated solar smart inverters and storage for enhanced grid stability.

US: Commercial storage to be economically attractive in 19 states by 2021, finds GTM report

Financially viable in just a handful of states today, commercial storage will make economic sense across 19 states by 2021 as battery costs fall, finds a GTM Research report.

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Storage ITC bill introduced in US congress

Introduced in the U.S. House and the U.S. Senate, the new Energy Storage Tax Incentive and Deployment Act could do for residential and commercial storage what the previous tax credit did for solar.

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Trina Solar and Asia Clean Capital to build over 300 MW of PV in China

Trina Solar and rooftop PV developer Asia Clean Capital (ACC) have agreed to jointly build more than 300MW of solar capacity in China over the next three years. Under the terms of their cooperation agreement, Hong Kong-based ACC will build the projects and provide financing.

Toshiba to supply battery control systems for Japan's "virtual power plant"

Toshiba has agreed to supply Integrated control systems for 10kWh storage batteries that will be used in a “virtual power plant” pilot project in Japan.

Duke Energy backs $225 million in C&I solar projects

The funding is part of an expansion of C&I developer REC Solar’s channel partner program.

Australia to break through 5GW rooftop solar mark in July

The amount of rooftop solar installed across Australia is expected to break through the 5GW mark in July, reaching a remarkable milestone in a sector that was virtually non-existent in 2009.

EBRD injects funding into Turkey’s renewables

The European Bank for Reconstruction and Development (EBRD) is injecting USD110 million in new funds to Akbank, one of Turkey’s largest banks, to finance private companies investing in renewable energy and energy efficiency projects in Turkey, including solar PV projects.

EU investigating three Chinese PV manufacturers for alleged breaches of the MIP

The investigation by the European Commission will determine whether the three companies breached minimum import price (MIP) rules for Chinese PV exporters to the EU during transactions in 2015, which would result in them being removed from the MIP undertaking and incurring duties on their PV exports.

Installation Innovation Award winner: Maxx-Solar Energy

After three weeks of intense voting, pv magazine and Hanwha Q CELLS is happy to declare Maxx-Solar Energy as the winner for its inventive project: delivering innovative financing solutions for solar PV in Africa.

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