LG Chem unveils two residential battery series
LG Chem is spinning off its battery business into a new subsidiary, LG Energy Solution. It also launched two new battery series, Resu Prime and Resu Flex. These devices rely on new battery cells with a higher power density and with up to 16 kWh, they have a higher capacity than previous models. The first products are expected to be shipped from February or March 2021.
Sungevity auctioning off assets
The former company has laid off its remaining employees and locked up its offices, leaving dozens of customers and sub-contractors asking what comes next.
Australia to review smart meter rules
The Australian Energy Market Commission has launched an independent review into the rules governing electricity meters, to determine what needs to be done to accelerate smart meter deployment.
Hybrid power solutions take off in India
A new GOGLA report notes a growing focus on hybrid power solutions that integrate DC solar with AC grid power, and appliances that integrate both AC and DC power. Sales of hybrid solar inverters are growing by 25% per year in India, outpacing demand for conventional inverters.
Ikea extends PV offer to Spain
Starting from January, the Swedish furniture provider will launch its Solstrale PV panel offer in the Spanish market.
Belgium’s Flanders region to provide €58 million for PV rebates in 2021
The authorities in Flanders will grant maximum rebates of €1,500 per PV system to homeowners from Jan. 1. The scheme is expected to drive up solar installations by 1.5 GW by 2025.
Aurora Solar raises $50 million to support remote PV sales, design
The investment underscores the critical role of software in driving the mainstream adoption of solar.
Soft loans for Jordan’s solar rebate scheme
The Jordanian government has announced more financial support for the rebate scheme for residential PV systems and solar thermal collectors.
Financing distributed solar energy in India
A new report by Auroville Consulting highlights gaps and challenges existing today in financing rooftop solar based on its evaluation of the implementation of international lines of credit at the state level (for Tamil Nadu), and the availability and accessibility of financial support.
Switzerland raises rebates for PV systems up to 30 kW
The rebate for small-sized rooftop PV projects was raised from CHF340 (€314) to CHF380 per kilowatt installed.
