DEWA and KEPCO complete solar-wind-storage smart grid, Krinner Solar completes 7MW solar project in Hamedan, EU approves €1.24 billion support for renewables in Lithuania.
PV inverter manufacturer KACO new energy is changing its business focus to include only string inverters and energy storage products, after its acquisition of Energy Depot, selling its central inverter business subsidiary in South Korea to OCI Power. Financial details were not disclosed.
Solar Energy Corporation of India (SECI) is planning to develop its own renewable energy projects at the Indian archipelago of Lakshadweep, with an eye on coupling the projects with battery energy storage.
A series of issues that initially centered on the US Section 201 case, the US v China trade, China’s 531 New Deal and India’s trade tariffs, combined to slice around US$3 billion from the total global corporate funding into the solar sector in 2018, according to Mercom Capital Group.
India’s renewable energy deployment is expected grow by 50% year-on-year in 2019 with a total of 15,860MW of installations, according to a report by consultancy firm Bridge to India.
Following a report on Friday that Hawaiian Electric has contracted PPAs with 75MW of solar projects including battery storage with developer Clearway, the utility has put before regulators proposals for five other grid-scale projects.
While market opportunities for energy storage in Texas are considered to be limited, the largest battery project in the state so far, a 42MWh system, has just come online.
San Francisco-headquartered firm Clearway Energy Group has signed power purchase agreements (PPAs) with utility Hawaiian Electric Company for two solar-plus-storage projects on Oahu, Hawaii, with a combined PV capacity of 75MW.