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Storage

Manz expects to return to profitability this year

Large orders for the solar segment are expected to enable the company to return to profit in 2016. Last year, Manz was able to slightly increase its revenue, although it is still struggling with losses.

U.S. energy storage MWhs double in 2016

A rush of projects to make up for grid resources lost with the Aliso Canyon gas leak boosted energy storage deployments to a record level in Q4.

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Schneider, Acquion unveil storage project in southern Japan

Schneider Electric and Aquion Energy have revealed plans to lead a group of companies in pairing a 122 kW solar system with storage capacity in Kagoshima prefecture.

Australian Battery storage held back by ignorance of regulators, ministers

Leading battery storage developers have expressed their frustration that ignorance among regulators and energy ministers is holding the technology back, despite it being cost competitive.

Australia has 4.7 GW of large-scale solar in the works, finds new Climate Council report

Key findings of report point to “huge” year for large-scale solar in Australia in 2017, with 20 such plants to come online over the next 12 months. Globally, costs have dropped 58% in five years, with the world now sitting on 300 GW of installed PV capacity.

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Leclanché storage pipeline grows to 450 MWh as 2016 revenue rises 56%

The Swiss vertically integrated storage solutions company reports 2016 annual revenues of $27.6 million and 2017 order backlog of 85 MWh of new utility-scale storage projects.

SolarWorld creates JV for its lithium mining project in Germany

The German solar manufacturer announces partnership with Bacanora Minerals for mining lithium in the Ore Mountains near the company’s Freiberg site; JV to be called Deutsche Lithium GmbH.

sonnen to open new manufacturing and R&D hub in Atlanta, US

Production at the InnovationHub expected to commence in the second quarter of the year, the German storage specialist confirmed. Facility combines sonnen’s U.S. manufacturing operations and product research capabilities.

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Genex Power secures $76.8 million for 50 MW Australian mine PV

The Sydney-based developer has obtained A$100 million ($76.8 million) in funding from Clean Energy Finance Corp. (CEFC) and Societe Generale.

the pv magazine weekly digest

It’s been another typically busy week for solar in 2017. Predictions for the storage market are ballooning, while PV prices are shrinking, policy’s shifting, and ever more players are jumping into the fold.

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