Despite shipping a record 706 MW of microinverters, the U.S. company ended 2015 at a loss following a profit-making 2014; fourth quarter losses amounted to $15.8 million.
The strategic cooperation between the storage integration specialist and Bluetech Financing Solutions will deliver plug-and-play storage solutions to Australia, Pacific Islands and GCC nations of the Middle East.
Government-backed loan of 10 billion yen will support the development of a 20 MW solar plant with 30 MW storage facility close to Egyptian city of Hurghada.
The German battery storage subsidy, for households adding a battery system to their PV array, has received funding through to 2018. The scheme has been allocated around EUR 30 million by the Federal Ministry of Economic Affairs and Energy. The program commences March 1.
LichtBlick’s international customers include utilities, grid operators and energy service companies. The company will next target private households, which will soon be able to market their energy via its IT platform.
As part of our pv magazine LIVE series, we have published two new video interviews with Sonnen USA CEO Boris von Bormann looking at the companys new Eco plug-and-play battery storage offering for the U.S. market as well as Sonnens trajectory as a company.
The Australian electricity storage market “is on the rise,” tips IHS, in a release today. The analyst group says that the number of units installed annually will increase ten-fold in 2016, seeing the market in the top five for energy storage.
Germanys Sonnen has shipped its 10,000 solar battery. To celebrate the milestone Sonnen (formerly Sonnenbatterie) increased the capacity of the battery system for the 10,000th customer by 2 kWh and provided the household with free membership to its sonnenCommunity platform.
Collaboration marks greater effort of solar industry to work with grids on gaining greater understanding and control of solar’s intermittency; partnership can digitalize electricity supply, SMA says.
Tesla has reported that its Energy business unit achieved a positive gross margin in Q4 2015, while the company has delivered its 11th quarterly net loss. Tesla pointed to its Energy segment as a key lead generator for the firm, with its Powerwall and Powerpack products delivering more than double the amount of potential Tesla customer inquiries than its automotive business.
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