Wind and solar could provide half of the world’s energy generation by 2050 on the back of continually declining technology costs, particularly in battery energy storage, according to a new report from Bloomberg New Energy Finance (BNEF).
SPONSORED: Having been selected as a supplier of complete monitoring solutions for new large-scale solar plants in Egypt and in other regions during the past year, Gantner has repeatedly confirmed its position as a leading global player in the utility-scale PV industry.
Close on heels of its recent announcement on forming a new global unit focused on the hybrid and energy storage market, Indian EPC Sterling and Wilson has won a captive solar-diesel-storage microgrid project in Africa. PV Tech caught up with Vish Iyer, global head of business development, strategy and marketing for the Hybrid and Energy Storage division at Sterling and Wilson, to find out more.
Indian EPC firm Sterling and Wilson has won its first large-scale hybrid and energy storage turnkey EPC contract order in Western Africa, including what it believes to be both the largest battery storage project and single battery installation in the whole continent.
A prolific trio of major companies in natural gas, energy storage and renewable energy project development have united to take on Asia’s energy storage market, with Japan’s JERA, Australia’s Lyon Group and US-headquartered multinational Fluence announcing a partnership this morning.
The Latrobe Council in Tasmania has approved the Wesley Vale Solar Farm, a 12.5MW PV project which will become Tasmania’s largest solar installation upon completion.
The Australian Renewable Energy Agency (ARENA) has announced a US$5.2 million funding initiative that will examine how PV projects, wind farms and storage systems can offer grid stability and security services.
PV inverter manufacturer SolarEdge Technologies has reported a clean sweep in key financial parameters for the first quarter of 2018, which includes, revenue, shipments, gross margin, profitability and quarterly cash flow generation.