Chinese rechargeable battery, electric transport and clean energy company BYD has been signed up as a “preferred partner” to Abu Dhabi-headquartered Masdar.
RES (Renewable Energy Systems) claims the company’s experience with structuring solar, wind and transmission finance deals has made successful financing of large-scale battery projects possible.
Industry-watchers, environmental groups and think tanks have commented on news this morning that the biggest coal mining company in the US, Peabody Energy, has filed for Chapter 11 bankruptcy protection, citing downturn in the coal industry as a major factor.
Unsubsidised, commercial solar-plus-storage projects of the type being executed in Puerto Rico could demonstrate how to overcome many of the challenges imminent for the world’s PV markets, according to one company with experience in the field.
Developers of the majority of projects awarded in Brazil’s first solar-only tender round in 2014 have submitted a request to the regulator to delay construction by two years, according to a report.
The output of a 16MW solar farm in Puerto Rico will be tied to an Aquion ‘saltwater’ battery, in one of the few current trials of moving solar power produced in the daytime to be used at night.
Sharp Corporation’s energy solutions business, which includes its activities in solar, will continue to operate as a brand in its own right, following the sale of a majority share in the group by Foxconn.
A US judge has approved fines and ordered BP to pay compensation for a long list of charges relating to the Deepwater Horizon oil spill of six years ago, amounting to US$18 billion.
