The U.S. Trade and Development Agency (USTDA) is supporting a 41MW hybrid solar-wind-storage project being developed by private Indian energy firm IL&FS Energy Development Company Limited (IEDCL) in the Indian state of Andhra Pradesh by providing a grant to aid the plant’s technical design and planning.
India’s Goods and Services Tax (GST), a single tax applicable across the whole of the country, will be lowered for lithium-ion batteries by 10% in a move which has been welcomed by the India Energy Storage Alliance (IESA).
Homeowners in Ireland can now access grants worth hundreds of euros to fund the installation of solar and energy storage systems as the government launches its first micro-generation scheme for the technology.
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.
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.
Hyderabad-headquartered firm Greenko Energies has received state government approval for a huge renewable energy project involving 1GW of solar, 550MW of wind and 1.2GW of pumped energy storage in the Indian state of Andhra Pradesh.
PV developer Lightsource BP has formed a joint venture (JV) with HA Utilities, an arm of Egyptian construction and engineering group Hassan Allam Holding (HAH), to develop utility-scale solar projects in Egypt.
The market for power conversion systems (PCS) used in energy storage is becoming “increasingly crowded” with competitors, while the diverse field of players will contribute to “rapid technological innovations and price reductions”, Navigant Research has said.
PV Tech was recently given the opportunity to undertake an in-depth interview with Rongfang Yin, vice president of Trina Solar Group to understand the potential business impact on the company of the recent Chinese government policy changes and what if any new strategies were required.
