Market research firm IHS Markit believes the PV inverter replacement market will increase by around 40% in 2020, creating an 8.7GW need outside new global installations.
Major solar inverter supplier Sungrow has signed a 100MW deal with Japanese company YUASA, aimed at addressing solar and energy storage needs in the changing landscape of Japan’s renewable energy market.
Miner will spend US$1 billion on "climate-related" projects over the next five years in order to reach a 15% reduction of emissions by 2030 and "net-zero" emissions by 2050.
Politburo resolution proposing green energy targets for 2030 (15-20%) and 2045 (25-30%) emerges as country embarks on FiT-to-auction shift to ease PV grid bottlenecks.
Federal energy regulator accused of ‘overreach’ after maintaining provision that may force solar, storage and others to offer minimum prices when competing at state’s capacity market.
Major PV inverter manufacturer, SolarEdge Technologies has reported a second consecutive year of over 50% revenue growth as quarterly and annual sales continued to break company records.
Revenues from firm’s solar assets overtook wind’s in 2019 and accounted for nearly half of full-year turnover, with large projects in Mexico, Argentina and others set to go live in 2020.
Hybridisation, India, Turkey, floating solar and bifacial potential all take centre stage in the latest volume of PV Tech Power, available now to download free of charge.
Growatt has introduced its new XH series of storage ready inverters that works with a low voltage battery and has a battery interface which can be easily extended later to a storage system without retrofit cost, providing home owners who are looking to convert their rooftop PV systems into solar storage systems in the future.
