Eastern US transmission organisation PJM Interconnection’s latest energy auction for capacity in 2019/20 saw 335MW of solar procured, nearly double that of the preceding year.
While seeming “tech breakthroughs” garner a great deal of media attention, the three key factors in determining the likely impact of storage tech companies are innovative technology, scalability and a proven track record, a Bloomberg New Energy Finance analyst has said.
The economic benefits of adding energy storage to solar in California at affordable multi-family dwellings could far outweigh the costs, even doubling savings on energy bills, a new report claims.
Brazil’s newly-appointed minister of mines and energy Fernando Coelho Filho has told members of the electricity industry that renewable energy will be one of his focus areas in the coming weeks and months.
Enphase has confirmed that its AC battery, now available for installers to order in Australia and New Zealand, is priced in the region of AU$1,150/kWh (US$838/kWh), as originally announced last October.
German lithium-ion based energy storage system maker Sonnen, says it achieved an undisclosed “seven-figure sales number” in the US in the first quarter of this year.
Canada-based renewables firm SkyPower will join China-based battery developer BYD in competitive bidding for 750MW of solar and energy storage development in India.
Despite preparing investors’ expectations for flat revenues in 2016, inverter maker SMA Solar Technology has reported an increase in sales for the first quarter and exceeded management expectations by more than €10 million (US$11.4 million).
Microinverter maker and energy management specialist Enphase has started taking orders from installers for its AC battery for home PV systems in Australia and New Zealand, with shipments to start arriving in August 2016.