SMA is aiming to tackle the market for retrofitting energy storage systems in to existing home PV installations, with a new AC-coupled version of its Sunny Boy inverter suitable for high voltage batteries.
Brazil's almost negligible solar deployment record is forecast to take off this year and the first movements on building Enel Green Power's 254MW plant in Bahia are symbolic of this shift in Brazil's utility-scale sector.
Canadian Solar subsidiary Recurrent Energy has secured a tax equity investment commitment with GE Energy Financial Services for its 75MW Astoria 2 (previously 100MW) solar power project in California that is currently under construction.
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.
Samsung Renewable Energy, through its partnership with Connor, Clark and Lunn Infrastructure (CC&L Infrastructure), has closed on US$195 million of debt financing for a 50MW solar project in Windsor, Ontario.
ABB has released a low maintenance, high power outdoor central inverter. Overall system costs are driven down by the increased DC input voltage up to 1500 VDC and a high power rating of up to 2000 kVA to provide an even more attractive solution for investors and plant owners alike.
PV energy provider United Photovoltaics Group, part of China Merchants Group (CMG), has secured a deal to build a 100MW CPV power plant in Shanxi Province, China.
