Battery-based energy storage systems from German manufacturer Automatic Storage Device Sonnenspeicher (ASD) will be installed in new houses from WeberHaus, which makes prefabricated homes for the German market.
The sudden withholding of grid access from renewable energy projects including solar is “unreasonable” and could bring “great confusion” to the renewable energy industry, the Japan Renewable Energy Foundation (JREF) has claimed.
The NextEnergy Solar Fund (NESF) will issue 250 million new shares as it looks to buy up a raft of projects in the UK before the closure of an existing support scheme.
SolarCity, the largest US residential solar installer, has started offering loans directly to homeowners to buy its PV systems that the company claims could undercut prices set through power purchase agreements (PPA).
The European Commission is facing severe criticism after it gave state aid approval for £17 billion (US$27.3 million) worth of nuclear energy subsidies.
PV project developer, SPI Solar is raising US$43.8 million in a private placement with a subsidiary of Evergrande Real Estate Group, said to be one of the largest real estate developers in China.
Although some areas could hit wholesale grid parity by as soon as 2018, most large-scale wind and solar deployment in Europe will still require subsidies over the next 20 years, according to the study from consultancy Pöyry.