GE Ventures, the venture capital arm of US-headquartered multinational engineering group GE, has invested in German energy storage hardware and services provider Sonnen.
A field trial to deploy 50 grid-connected energy storage systems will go ahead in Scotland between UK energy storage firm Moixa Technology, vertically integrated energy company Scottish Power and an energy efficiency advisory group.
The UK has “unexpectedly” become one of the few countries in Europe to have installed more than 10GW of PV, while its top engineering, procurement and construction (EPC) firms are a mix of international and domestically headquartered players.
A triple-junction compound solar module with a conversion efficiency of 31.17% has been created by a project involving Japan’s New Energy and Industrial Technology Development Organization (NEDO) and Sharp.
While seeming “tech breakthroughs” garner a great deal of media attention, the three key factors in determining the likely impact of storage tech companies are innovative technology, scalability and a proven track record, a Bloomberg New Energy Finance analyst has said.
The economic benefits of adding energy storage to solar in California at affordable multi-family dwellings could far outweigh the costs, even doubling savings on energy bills, a new report claims.
Another large-scale solar PV plant has been completed on a former golf course in Japan, a 51MW project built by financial services company Orix Corporation.
More than half of the 4 million solar products sold by member companies in the Global Off-grid Lighting Association (GOGLA) in the second half of 2015 were in Sub-Saharan Africa, the association has reported.
NEXTracker has received certification for compliance with Brazilian domestic content rules for its manufacturing operations, opening access to favourable credit lines for the company.
Thai fossil fuels company, Banpu, said it has purchased 75.8MW of solar PV plants in China as it pursues a goal of making renewable energy 20% of its power generation business by 2025.