The Swiss power group and Italian utility Evolvere have started a blockchain pilot project designed to facilitate transparent, secure peer-to-peer energy trading.
The drop in sales of solar energy products was mainly responsible for a 28% year-on-year turnover drop of the Life&Environment Group division, which includes the Japanese company’s activities within solar.
The module maker and electronics giant is testing the feasibility of a complex virtual power plant with a blockchain platform provided by US-based LO3 Energy.
South Korean manufacturer LG said import tariffs and panel price depreciation led to lower profit for its B2B division. Japanese electronics company Kyocera saw the revenue of its Life & Environment Group fall by 26%, year-on-year, in the first nine months of the current fiscal year.
The PV business of the Japanese corporation is again the villain, as the conglomerate’s Life and Environment Group posts the only first-half business loss among otherwise impressive figures. The solar division has issued a profit warning.
Japanese electronics company & cell/module manufacturer, Kyocera has reported improved overall financials for the first quarter of the Japanese financial year, with a 12.3% increase in revenues. For the company’s activities in solar, however, signs are less encouraging.
Kyocera will participate in a new project in northern Japan to test how flexibly electricity suppliers can respond to fluctuations in energy supply and demand.
Kyocera has announced the completion of a 29.2 MW solar project in Tottori Prefecture, to the southwest of Japans largest island. The project utilizes modules produced by Kyocera, and is built on a former golf course.
The group’s solar business incurred an operating lost in the last fiscal year, due to a write-down related to a long-term purchase contract for the supply of polysilicon.
A joint venture between Kyocera Corporation and Tokyo Century Corporation has completed a 13.7 MW floating solar PV plant in Japan.
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