Solaredge sees slight profit growth in Q3
Despite a significant drop in turnover, the Israeli inverter maker was able to increase its net result in the third quarter of this year, in which it shipped around 1,415 MW of its products. In the first nine months of the year, the company’s revenue increased year-on-year from $1 billion to $1.1 billion.
India tenders for Himalayan off-grid solar and storage
The Solar Energy Corporation of India has issued a call for expressions of interest to supply clean energy to isolated off-grid communities and warned components will probably have to be transported manually.
European residential PV battery market hit 2 GWh in 2019
Only 7% of Europe’s residential PV systems are linked with home storage, according to SolarPower Europe. The five largest markets – Germany, Italy, Great Britain, Austria and Switzerland – account for more than 90% of the continent’s total installed storage capacity.
Vanadium redox flow battery for storage of wind and solar power
Researchers in India have developed a 5 kW/25 kWh vanadium redox flow battery with an energy density of 30 watt-hours to 40 watt-hours per liter.
New solar+storage concept for Himalayan villages
U.K. thin-film PV specialist Power Roll is testing a new solar+storage system that can be manufactured for just $0.03/W. It can be deployed on a wide range of non-load-bearing buildings, including agricultural structures and warehouse rooftops.
Battery performance standard for residential and commercial applications
Researchers have proposed a new battery performance standard for Australia and possibly the world. If adopted, the standard could clarify consumer confusion around which energy storage system is right for them.
Panasonic, Span team up for home battery backup and energy management
Span’s ambition is to “transform the electrical panel into an intelligent gateway” and expand the adoption of solar and electric vehicles, as well as storage systems like Panasonic’s residential battery.
Lithium battery for low- and high-voltage storage
Dubai-based Weco has unveiled a new lithium battery solution that can operate in parallel as a low-voltage storage system or in series as a high-voltage battery with no hardware changes. The batteries can be mounted on walls or set up in a stack configuration.
University of Queensland’s Tesla battery paying for itself
The University of Queensland has released a performance report on the Tesla Powerpack it installed in December 2019. Across a range of revenue streams, the Powerpack is already earning the university some serious cash.
Power-to-heat-to-power storage for rooftop PV
Scientists in Spain have assessed the viability of ‘power-to-heat-to-power storage’ in a residential solar installation in Madrid. The technology could reduce electricity bills by more than 70% and would have a 12 to 15-year payback period, according to the researchers.
