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.
Specialist PV manufacturing equipment supplier Amtech Systems is restructuring its solar cell manufacturing equipment business with job losses after China-based customers have pushed-out capacity expansion plans after government cuts were made to downstream solar installation targets as deployments far exceeded goals.
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.
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.
