SolarEdge and SMA’s launches of inverters compatible with Tesla’s Powerwall and LG Chem’s new range mark a “growing trend” towards higher voltage batteries for residential PV systems, an IHS analyst has said.
Global shipments of PV inverters will reach 90GW by 2020, valuing at more than US$7.1 billion, according to GTM Research’s latest report, 'The Global PV Inverter and MLPE Landscape 2016'. This represents an average annual growth rate of 11% between 2016 and the end of the decade.
Italian renewable energy firm TerniEnergia continues to strengthen its position in the African PV market with its latest 34MW EPC and O&M contract in Zambia.
Private infrastructure investment in solar energy during 2015 grew to US$9.4 billion, 72% higher than the average of the previous five years, according to new World Bank figures.
The World Bank will finance various energy, water and infrastructure projects in northern Kenya under its US$1.1 billion North-eastern Kenya Development Initiative, according to reports.
German storage manufacturer Tesvolt has been awarded a project to power water pumps in Rwanda with 2.68MWh of battery storage linked to a utility-scale solar system.
Clean energy developer ET Energy announced that it has founded a new South African subsidiary — ET Solutions South Africa Pty Ltd., which will offer engineering, procurement and construction (EPC) services, along with operations and maintenance (O&M) for large-scale solar power plants.
Zambia set a new benchmark for low-cost solar power in Africa on Monday with a competitive auction under the ‘Scaling Solar’ programme, which saw winning bids as low as 6.02 cents/kWh.
