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Applications & Installations
SUSI to provide $94.3 million to back Canadian storage projects A fund managed by Swiss investment firm SUSI Partners AG has agreed to provide C$120 million (US$94.3 million) of financing to a unit of energy storage developer NRStor for lithium-ion storage projects in Canada.
Brian Publicover
Nov 28, 2017
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Applications & Installations
Potential for PV to snap significant share of $40 billion distributed energy industry in frontier markets – BNEF There is potential for solar PV and storage to snap a significant share of the distributed energy industry in frontier markets, says BNEF. Both telecoms and agriculture present interesting opportunities; SE Asia is an emerging micro grid hotspot; pay-as-you-go solar is seeing strong growth; and China is recording substantial business.
Becky Beetz
Nov 23, 2017
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Applications & Installations
Global storage market to double six times by 2030, BNEF reports Global cumulative storage deployment will double six times between 2017 and 2030 to reach 125 GW/305 GWh, with as much as $103 billion pouring into the sector, finds new report by Bloomberg New Energy Finance.
Marija Maisch
Nov 21, 2017
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Applications & Installations
Switching to solar can boost education, prosperity for developing world, study finds Research from the Overseas Development Institute estimates that children in developing world can gain 15 minutes extra study time a day if their homes switch from fossil fuel to solar, while households can enjoy savings of $10 per month.
Ian Clover
Nov 17, 2017
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Applications & Installations
Toshiba posts $439.5 million H1 loss as solar ops struggle Toshiba has posted a group net loss of JPY 49.8 billion ($439.5 million) for the first half of the current Japanese fiscal year, but the bleak outlook for its solar operations is the least of its concerns, as it struggles to cover losses from its bankrupt U.S. nuclear business and avoid being delisted from the Tokyo Stock Exchange (TSE).
Brian Publicover
Nov 10, 2017
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Applications & Installations
Nidec nails EPC, battery deal in Corsica Nidec Industrial Solutions (NIS) has agreed to supply a battery energy storage system (BESS) for a turnkey PV project in Corsica.
Brian Publicover
Oct 31, 2017
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Applications & Installations
Amid devastation, Tesla begins restoring power in Puerto Rico Current estimates suggest 80% of Puerto Rico is still without power, but thanks to Elon Musk’s efforts at least one children’s hospital has been able to turn the lights on.
Frank Andorka
Oct 25, 2017
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Applications & Installations
Off-grid solar has saved $5bn in energy spending since 2010, finds World Bank Group, GOGLA report Despite 7% lower product sales, the latest global Off-grid solar market report from the World Bank Group reveals that market is thriving. However, industry needs to move quicker if it is to achieve global 2030 universal energy access goal.
Frederic Brown
Oct 24, 2017
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Applications & Installations
China storage market growing, but electric vehicles still dominate battery demand, says AECEA Chinese shipments of lithium-ion batteries could jump by 40% year on year in 2017, but demand from the country’s burgeoning electric-vehicle market continues to overshadow the deployment of stationary energy storage systems (ESS), according to a recent report.
Brian Publicover
Oct 19, 2017
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