PV inverter manufacturer SolarEdge Technologies has reported a series of financial records in 2017, after posting its third successive quarter of higher shipments and revenue.
Equis Energy has achieved financial close on the 127MW Tailem Bend Solar Project in South Australia, which has a reserved area to hold a battery storage installation of up to 100MWh in the future.
Tesla reported another major decline in its residential solar installations for the fourth quarter of 2017, while a supply shortage in its energy storage system ‘Powerwall’ has created a customer backlog of solar and storage installs of more than one year.
Energy storage in the state of South Australia has continued its prolific pace of development with the announcement of two new grid-scale projects and a sizeable commercial and industrial (C&I) installation.
African Infrastructure Investment Managers (AIIM) has invested in Starsight Power Utility, a Nigeria-based energy services company providing solar-diesel-battery hybrid and efficient cooling and lighting solutions to its commercial and industrial clients.
Members of the public in South Australia are being given the chance to participate in creating the biggest ‘virtual power plant’ of solar PV and batteries the world has ever seen.
The CEO of Orsted, the world’s largest offshore wind developer, has said that his company is working to establish “a scalable commercial model” for solar PV and energy storage, viewing both as potential drivers of long-term growth.
A 3,000MW energy storage target, proposed in Arizona as part of a grid modernisation policy, recognises the role of the technology in reducing the need for fossil fuels to stabilise the grid, a consultant has said.
Steps taken in California to enable energy storage systems to provide multiple services and to ‘stack revenues’ are “an essential starting point” for the industry, the head of California’s Energy Storage Alliance (CESA) has said.
PV Tech caught up with Ugo Salerno, chairman and CEO of Italy-based advisory RINA, alongside the firm’s technical director for power and renewables, Simon Turner, to discuss storage retrofits in the UK, financing floating PV and upgrading hastily built European solar plants.
