Storage

Major PV inverter manufacturer SMA Solar Technology reported its lowest quarterly revenue and a meagre EBITDA of €0.6 million as its main inverter business units made losses in the first quarter of 2019.

Japanese conglomerate invests in GridMarket, a company focused on distributed generation projects using battery storage, solar PV, fuel cells, and combined heat and power.

Major PV inverter manufacturer SolarEdge Technologies said that strong demand from Europe supported another record revenue quarter.

Scatec Solar to lease clean energy system to International Organization for Migration as it eyes PV for emergency zones.

Mineral recycling and renewable-powered mines will be backed through US$50m scheme to offset environmental impacts of race for lithium and others.

PV Tech understands energy giant invested low double-digit million dollar figure to purchase HelioSage, a subsidiary of Panasonic-owned Coronal.

SABIC carrying out feasibility study on PV plant and moves into solar cell and battery storage development.

The largest hybrid solar and battery storage system in Russia will offer on- and off-grid services at the end of the transmission line.

Tesla’s energy generation and storage business revenue declined further in the first quarter of 2019, with solar rooftop deployments hitting a new low of 47MW, a 36% quarter-on-quarter decline. In response, Tesla will be offering new customers in the US a US$99 upfront deposit before installing a solar system.

Carolinas' utility to sell assets for US$1.25 billion to reduce future debt issuance needs for renewables.