The Norwegian solar manufacturer saw its module shipments increase 9% year-on-year to 1,266 GW in 2016. A strong fourth quarter was the main driver for this performance. Americas accounted for about 53% of the company’s shipments last year, while in the EMEA and APAC markets REC Solar sold 32% and 15% of its products, respectively.
U.S. battery manufacturer NEC Energy Solutions has signed a contract to supply and operate 50 MW of grid level storage split over two projects in the UK.
French cumulative PV capacity has surpassed 7 GW. In 2016, however, the market registered a 62% decrease in new installations, with the figure coming in at 559 MW. PV plants over 250 kW covered almost two thirds of the new capacity installed last year.
The Court of Justice of the European Union in Luxemburg this week confirmed the validity of the import duties, rejecting all complaints from 26 PV manufacturers. In the opinion of the judges the measures are necessary to compensate damage caused to the European solar industry by dumped imports from China.
The demand for green electricity in Europe, documented with Guarantee of Origin (GOs) has grown by 5% in 2016, now reaching nearly 370 TWh. Solar and wind are stepping up to challenge large hydro.
German engineering and systems integrator Wattkraft agrees framework agreement with the Chinese inverter specialists for the supply of 500 MW of inverters to be shipped within Germany and beyond.
EUROBAT is urging the European Union to develop a unified strategy to promote and support the uptake of battery storage to facilitate the transition towards a decarbonized society in Europe.
Second large-scale solar investment in 2017 sees the London-headquartered investment firm snap up the Sandridge solar farm in Wiltshire, southern England.
The British solar developer has purchased 1.32 MW of residential solar PV installations from Ecos Solar Nine as it continues its pivot towards O&M and PV monitoring in the U.K.
The Swiss vertically integrated storage solutions company reports 2016 annual revenues of $27.6 million and 2017 order backlog of 85 MWh of new utility-scale storage projects.
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