Hawaiian Electric Companies (HECO) are planning to hit the Islands' goal for 100% renewables by 2045 five years ahead of schedule under a new Power Supply Improvement Plan (PSIP).
Even though monkeys were allegedly wreaking havoc on India’s solar rooftop systems last year, 2016 was remarkable for the Indian PV sector. With solar taking 1% the nation’s electricity share and India set to become the world’s third largest market in 2017 , Bloomberg New Energy Finance has proclaimed that ‘solar is king of Indian renewables’. Add the completion of the world’s largest solar plant to these accolades and you have a good indicator of the South Asian giant’s ambitions. Even India’s biggest oil, steel and mining companies are getting on board the solar rush.
The levelised cost of rooftop and large-scale solar PV continued to rapidly decline in 2016, financial advisory and asset management firm Lazard has said.
More than 16,000 Indian households across 800 remote villages will be given a solar panel, with an eight-hour battery storage backup, according to the Indian minister for power, coal, new and renewable energy and mines, Piyush Goyal.
An Arizona scheme to study the use of energy storage and smart inverters in integrating solar to the grid has contracted the deployment of 4MW of AES Energy Storage’s lithium battery systems.
The number of battery storage projects to have won 15-year contracts in the UK’s latest Capacity Market auction is a sign of “considerable confidence” in the technology, according to the director of the Electricity Storage Network.
An open fund for solar energy and energy storage in various emerging markets has been launched by Franck Constant, the co-founder of Sonnedix Group and director of Sithe Pacific, PV Tech can reveal.
The soon-to-be-merged Tesla and SolarCity have completed a solar-plus-storage microgrid on an island in American Samoa that will reduce the local population’s reliance on costly and cumbersome diesel imports.