SMA is aiming to tackle the market for retrofitting energy storage systems in to existing home PV installations, with a new AC-coupled version of its Sunny Boy inverter suitable for high voltage batteries.
Chile’s installed solar PV capacity reached 848MW as of the end of December 2015, according to the latest update from Chilean renewable energy research institute Centro para la Innovación y Fomento de las Energías Sustentables (CIFES).
Two Las Vegas residents have launched a class action lawsuit against utility NV Energy following recent moves to restrict net metering payments to solar customers in the state.
The Brazilian state of Alagoas has become the latest state to grant solar PV consumers an exemption from the ICMS state sales tax under the net metering scheme.
Canadian-based PV project developer JCM Capital said it had secured an undisclosed tranche of funds as part of a US$50 million private placement offering for project financing requirements of three projects scheduled to reach financial close during 2016 and 2017.
Corporations and utilities are already interested in energy storage but must collaborate to advance deployment and lower costs, avoiding some of the past mistakes of the PV industry, according to the heads of one California-based industry group.
A US-based investment hedge fund Appaloosa Management has filed court proceedings to prevent SunEdison’s US-centric yieldco, TerraForm Power, from taking on nearly US$1 billion in debt to acquire Vivint Solar assets from SunEdison, should the deal go through.
