Developments in balance-of-system technologies are set to play a lead role in pushing global installed PV system costs down 40% by 2020, a report by GTM Research claims.
SolarEdge is hoping that new processing technology in its latest range of inverters will “revolutionise” inverter design in the same way that flat screen technology superseded old-fashioned cathode ray TVs.
The project arm of Chinese manufacturer, JinkoSolar, has secured a credit line worth CNY10 billion (US$1.5 billion) with the Industrial and Commercial Bank of China’s Jiangxi Provincial branch.
Duke Energy Renewables has completed 30MW of solar projects in eastern North Carolina and is planning to double its operational capacity in the state by the end of 2015.
A solar farm connected to a huge battery will be built on the Hawaiian island of Kauai to use solar in the evenings to meet peak demand, under a 20-year contract between SolarCity and an electric utility co-operative.
After dropping a series of strong hints – including those given in interviews with PV Tech Storage – Enphase has confirmed that its AC battery will be launched in Australia first.
OEM giant Flextronic’s acquisition of tracking manufacturer NEXTracker could help it take advantage of an expected boom in utility-scale solar installations in the US ahead of the drop in the Investment Tax Credit (ITC) at the end of 2016, according to a leading industry analyst.
Major monocrystalline wafer producer Longi Silicon Materials has signed land and development contracts with the Yinchuan Economic and Technological Development Zone Management Committee to build a 3GW monocrystalline silicon facility in Yinchuan City, Ningxia Hui Autonomous Region, China.
