As the trade war escalates, PV inverters, solar panels with attached microinverters and battery storage products other than those which utilize lithium-ion chemistry, may be the latest victims.
As more states adopt ambitious renewable power and storage targets, hopes increase for continued market opportunities beyond the ITC. In the mid-term, the overall market opportunity is clear. At IHS Markit, we project 73 GW of solar PV systems will be installed in the United States from 2018 to 2022.
The company is planning pilot U.S. inverter assembly in Texas, while it scouts for manufacturing locations in the U.S. Midwest.
Despite the uncertainty caused by U.S. solar panel import tariffs, deteriorating trade relations between the U.S. and China, and the looming consequences of China’s PV policy change, the solar industry saw a 15% YoY increase in corporate funding in the first half of 2018, on the back of a Q2 rebound, finds the latest Mercom Capital report.
EnergyTrend recognizes recent tariffs developments will hit the electric vehicle (EV) industry. Despite this, environmental regulations, as well as costs and technological advancement, will prevail and continue to drive EV sales globally.
The cell uses a novel approach that increases its conversion efficiency and longevity at the same time. Researchers claim it is a new world record for this type of application and highlight its importance in storing renewable energy in hydrogen to compensate for output and demand fluctuations.
Researchers coated bacteria with a semiconductor before application to an anode glass. This process is reportedly cheap and taps energy produced by the bacteria through photosynthesis. Additionally, the researchers state power output is not impeded by overcast skies, making it ideal for northern Europe, Canada, mines and other low-light environments.
The new shareholder obtained business operations, and shares in the German solar PV company. This transition finalizes Schletter’s financial recovery.
Innergex purchased the rights to develop the massive Phoebe solar power plant on the day that the project received a full notice to proceed with construction.
U.S. high efficiency specialist Alta Devices has announced the achievement of a 28.9% efficient single junction cell, based on its lightweight gallium arsenide (GaAs) technology. Alta’s solar cells are designed for integration into unmanned air vehicles and other autonomous systems.
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