The former VP of Solar Grid Storage has predicted average Balance of Systems (BoS) costs for energy storage will drop from around US$670 to less than US$400 per kilowatt in the next five years.
A 45.6MW DC solar farm in northern Japan has been switched on by Japanese financial services group Orix Corporation and its joint venture (JV) partner Sharp.
Hanergy Thin Film Power appears to be facing fresh troubles, with the company accused of leaving rent unpaid on a Hong Kong office, according to a report in the Financial Times.
Another round of tenders to build ground mount PV power plants in Germany has been oversubscribed, with some 562MW of hopefuls entering the bidding for just 200MW of capacity.
Bluewave, a Boston-based developer of solar projects, claimed that it has “secured US$100 million” for community solar from a subsidiary of multinational investment house Morgan Stanley.
The first Tesla Powerwall home energy storage systems to go on sale in the US through a utility are being sold through Vermont’s Green Mountain Power which is including a “no upfront cost” option for its customers.
Thin-film manufacturer and developer First Solar is among the investors in a US$50 million funding round for grid-scale storage specialist Younicos, with the money raised set to fuel the latter’s expansion.
Solar Frontier has broken a conversion efficiency record for CIS thin-film solar cells that has stood for over a year, achieving 22.3% efficiency on a 0.5cm² PV cell.
