The global market for energy storage in PV is forecast to grow to US$19 billion by 2017 from just $200 million last year, according to research by IHS.
Bill Gates has given financial backing to the development of a new energy storage system aimed at cutting the intermittency of renewable energy technologies such as solar.
US-based chemical corporation Dow has announced the completion and shipping of its Enlight polyolefin encapsulant film production line in Schkopau, Germany.
Diehl Controls, a subgroup of Germany's Diehl Group, has sold its photovoltaics business unit to mutares Solar, a subsidiary of Munichs investment company mutares.