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Energy storage start-up Stem says it sees a “strong opportunity” for expansion of its business in Australia, Japan and the EU and is especially focused on the potential of aggregated ‘virtual power plants’, in the week when the company closed a US$12 million funding round led by Japanese trading company Mitsui & Co.
Lark Energy completed the construction and connection of solar farm projects in the UK with a total capacity of 91.6MWp throughout the first three months of 2015.
An energy storage project aimed at enabling the grid integration of 1MW of solar and 4.5MW of wind on the Portugese island of Graciosa will be supplied with batteries by Leclanché.
Japan’s largest solar farm to date will be supplied with around 116MW of modules from vertically integrated Chinese tier-one manufacturer and project developer Trina Solar, it was announced this morning.
Sonnenbatterie, considered to be one of the market leaders in Germany’s emerging solar-plus-storage sector, claims the new version of its Sonnenbatterie Eco battery storage system has more than double the potential lifespan of previous models.
Pairing solar with grid-connected batteries is likely to become the most economically attractive option for residential and commercial customers in key US markets between now and 2040, a new report says.
A new report compiled for Japan’s Ministry of the Environment has advised that the country could triple its proportion of energy generated from renewable sources in the overall mix by 2030.
Arizona’s largest public utility company is seeking the green light to significantly raise fees levied on households with rooftop solar systems to help pay for the local grid network.
Research into energy storage and related technologies has been given a boost in the US in the past few days, with a major utility company committing funding in Indiana for renewables integration and New York’s governor announcing the creation of a research facility.
The UK has experienced its annual surge of activity for developers to complete and connect solar farm projects in time to receive financial support under a scheme that has now partially expired.
The US state of Georgia has approved a bill which supporters hope will greatly improve the economic competitiveness of solar, freeing up the leasing of solar PV system equipment from third parties.
SunPower has made a deal to allow its commercial and industrial users the benefit of access to energy intelligence software made by EnerNOC, a US developer of cloud-based energy management and demand reduction solutions.
India now has around 3.38GW of grid-connected solar installed, according to official figures revealed this week by the country’s Ministry of New and Renewable Energy (MNRE).
SKI Corp, Japanese a mobile phone sales agency, has signalled its intent to build a 24MW solar farm in the west of Japan and to borrow ¥8 billion (US$67 million), for the purposes of doing so.
The cost of solar in Japan declined as much as 15% in one year, but a lack of clear policy direction from the government has left a number of businesses with a “pessimistic” outlook of the industry’s future, according to a survey by the Japan Renewable Energy Foundation (JREF).
Japan has confirmed it will make big cuts to the feed-in tariff (FiT) payable for solar, which have been expected for some time, dropping the rate by around 16%, from ¥32 (US$0.27) per kWh to ¥27 per kWh by July.
The short-term outlook for residential solar-plus-storage in the UK will be “challenging”, but simple regulatory changes of the kind the renewables industry is already asking for might make a real difference, according to one analyst.
Kyocera is targeting the German market for self-consumed solar electricity, with the Japanese company preparing to launch a home energy storage system in May.
The largest renewable energy development company SunEdison has secured non-recourse financing from Japan-based Shinsei Bank for its 9.6MW PV power plant project on the Japanese island of Kyushu.
The use of energy storage to increase renewables integration and provide stability to the grid requires the removal of regulatory barriers, rather than increased direct funding, according to one expert on the German market.
SunEdison has made a significant first step into the grid-scale energy storage market, with the acquisition of US start-up Solar Grid Storage.
Tokyo Electric Power Company (TEPCO), one of Japan’s major electric utility and transmission providers, will conduct a microgrid demonstration project on a remote Japanese island, incorporating solar, storage, wind and diesel.
The market for decentralised renewable energy in India could grow 70% annually to be worth more than US$150 million by 2018, while around five million residential solar systems are predicted to be sold in the country between last year and 2018, according to a new report.
An inauguration ceremony has been held in Tokushima, Japan, to mark the start of operation of a 21MW solar farm constructed by Mitsubishi Corporation and its joint venture (JV) partner Nippon Paper Industries.
Recent challenges to large-scale solar in Japan, including disputes over grid connection, appear to be having a tangible effect, with negative impacts reported this week by two major PV companies in their latest financial results.