Major PV inverter manufacturer SMA Solar Technology has once again reiterated sales and earnings guidance for 2018, after reporting first half year results but has become increasingly bearish on the global solar market, while its solar product order backlog takes a dive.
Following news yesterday of the first grid-scale solar-plus-storage system on the Hawaiian island of Molokai, two more modestly-sized projects show the potential diversity of applications for energy storage in the US state.
Major PV inverter manufacturer Sungrow Power Supply Co said that a 1.9MW floating solar (FPV) plant in southern Taiwan had experienced extreme environmental conditions through a dry season and then typhoon season that caused some unique issues but survived relatively unscathed.
Spanish developer Dhamma Energy will build an 87.5MW solar farm on the site of a former NATO airbase.
Hawaii has been a prolific installer of both rooftop solar and latterly batteries for energy storage and one of the US state’s smaller islands looks set to get its first ever grid-scale solar-plus-storage system.
Kazang Solar, the distribution partner of UK-headquartered off-grid solar specialist Azuri Technologies in Zambia, has been awarded US$1.6 million from the Africa Enterprise Challenge Fund (AECF) to provide home lighting products to more than 7,000 off-grid customers in rural Zambia.
Lightsource BP has acquired six solar power assets totalling 135MW of capacity in Pennsylvania and Maryland from Orion Renewable Energy Group.
According to a revised forecast, GTM Research has tagged China as the key metric behind a slowdown in global solar deployments in 2018.
The Committee on Foreign Investment in the United States (CFIUS) has blocked the US$232 million investment by Shenzhen Energy in three projects owned by Recurrent.
Wells Fargo Renewable Energy and Environmental Finance has completed the final US$85 million in tax-equity funding for Sempra Renewables’ 200MW PV project near Fresno, California.
Swedish retail giant IKEA will open the doors to its first store in India on Thursday and it is in the commissioning phase of an 800kWp rooftop solar plant to go with it.
Elon Musk has confirmed that he wants to take Tesla private as board-level discussions commence.
US solar developer Cypress Creek Renewables has received a US$200 million investment from the Singapore-based firm Temasek.
A company owned by Richard Branson’s Virgin Group has joined a Caribbean-wide effort to improve the resilience of clean energy projects by acquiring a 4MW solar plant that was damaged by Hurricane Maria.
Canadian Solar has closed US$45 million in financing with Natixis, a subsidiary of French banking company Groupe BPCE, that will be used to construct Canadian Solar’s 68MW PV project in Aguascalientes, Mexico.
