The Indian Finance Ministry’s order imposing a safeguard duty for two years on solar imports from developed countries as well as China and Malaysia has brought long-awaited clarity to both manufacturers and developers, but both segments of the industry have a number of fears.
Zola Energy, one of two US-headquartered providers of off-grid solar-plus-storage solutions to the African continent profiled in Energy-Storage.news’ recent Global Storage Opportunity 2018 report, has obtained US$20 million debt financing.
PV inverter manufacturer KACO new energy said it has supplied its string inverters to a 10.2MW solar carport in Turkey as part of a new amusement park near completion in Ankara, Turkey.
Jordan Islamic Bank (JIB), a subsidiary of AlBaraka Banking Group, has inaugurated a 2.7MW rooftop solar project in Sahab, King Abdullah II Industrial City, Jordan.
Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has annulled a 1GW solar auction that it held earlier this month and retendered just 500MW of PV capacity.
Karnataka Renewable Energy Development Limited (KREDL) has issued a tender for 150MWac of grid-connected solar projects at the Pavagada Solar Park on a build own and operate (BOO) basis.
SolarEdge Technologies ‘StorEdge’ solution with power backup has been launched in European markets. SolarEdge’s StorEdge is a DC coupled storage solution that allows home owners to gain energy independence and stay powered even when grid power is down.