Solaredge: Designing rooftop system with new web-based software
With a growing global residential PV market, software solutions to optimize rooftop systems have spawned. Last year the PV market grew by 29% with no sign of decelartion in sight. Optimizing installations and making them as convenient as possible has thus become a hotter market recently.
More haste, less speed – or momentum – for PV efficiency related research
Physicists at MIT and in Haifa have come up with a theory for slowing down light that could dramatically improve solar PV cell efficiency – the question now is whether it will work in practice, and on silicon.
China steps in to fill US solar void in the occupied territories
With Palestinian developers keeping a low-profile since the advent of the Trump administration, Chinese government money is funding PV projects to support electricity supplies in the disputed nation’s crumbling infrastructure.
EIB may finance 300 MW “unsubsidized” PV project in Spain
After securing a financial hedge for its Talasol solar plant in January, Israeli solar company Ellomay has now entered agreement with Deutsche Bank for the structuring of non-recourse senior debt financing for the project.
Super fast EV charging solution secures BP Venture investment
British oil giant BP has announced a $20 million investment into battery developer Storedot, whose batteries use chemically synthesized organic molecules to build an organic polymer, in addition to lithium. Storedot says the astonishing properties of the new material enable electric vehicle charging times of just five minutes
Blockchain project Solar DAO will action its first PV plants, in Kazakhstan
The world’s first digital, autonomous, closed-end, utility-scale PV project investment fund – enabling people with any budget to become co-owners of projects – has announced the implementation of its first arrays, in Kazakhstan, with 4 MW in the north-west of the country and 4 MW in the south. Solar DAO says it will save about $50,000 per MW since total development costs will be less than $5,000 per MW.
SolarEdge posts 82% revenue growth, announces acquisition of Gamatronic
GAAP gross margin improved 4% year-on-year, while shipments grew by 345 MW in the most recent quarter. Through the acquisition of the U.S.-based UPS provider, the Israeli inverter supplier makes its first move outside of the pure-play solar sector.
Israel issues 1.6 GW scheme for rooftop solar
The scheme, set to be implemented over the next three years, includes net metering, FITs for small-scale solar, and a series of tenders.
All metrics point upwards as SolarEdge posts strong 2017 financials
The Israel-headquartered producer of power optimizers and inverters enjoyed a record year in 2017, increasing revenue by 24% to US$607 million and shipping more than 2.5 GW of inverters worldwide.
JA Solar supplies mono PERC modules to 35 MW Israeli PV plant
The Ashalim solar park is a 250 MW project that will combine concentrated solar power and photovoltaics once completed. JA Solar is sole supplier of the PV modules.
