After the bombshell new this week, the Italian inverter manufacturer’s CEO spoke to pv magazine about the future of ABB’s R&D hubs, manufacturing sites, hundreds of employees and of course Fimer’s outlook.
An investor tool examining the coal fleets of major global power companies has offered up analysis which flies in the face of arguments solar and wind generation could help turn around the debt-saddled South African utility.
A new report by the Energy Information Administration projects U.S. installed battery storage capacity will reach 2.5 GW by 2023. Florida and New York are set to pave the way as massive projects in each state will account for almost half the coming capacity.
Two corporate heavyweights have announced investments in the New York-based developer and operator of peer-to-peer energy platforms. The funding will allow LO3 to scale its blockchain-based community energy networks worldwide.
While Spain, Sweden, Ukraine and Brazil attracted more funds than last year, China’s transition to an auction-based procurement system and slow performance overall in Europe saw worldwide backing decrease. BloombergNEF does expect investments to ramp up in the second half, however.
First-quarter figures from German engineering association the VDMA showed that, while orders picked up after a slow end to last year, almost all PV production equipment produced in the country is shipped abroad, with China the leading destination.
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