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.
Major PV inverter manufacturer SMA Solar Technology has reiterated sales and earnings guidance for 2018, despite a rebound in its utility-scale business unit and growing energy storage sales.
Israel-headquartered SolarEdge launched a software platform for aggregating household energy storage units - and other distributed energy equipment - into virtual power plants, last week. The company’s solution has already been chosen for a VPP project in Australia by AGL, one of the country’s biggest utilities. The commercial launch of the VPP platform direct to customers is now underway. Energy-Storage.News editor Andy Colthorpe spoke with Lior Handelsman, one of SolarEdge’s founders and vice president of marketing and product strategy.
South Australia state-run firm SA Water plans to deploy 152MW of solar PV and 35MWh of energy storage over the next two years in order to reach its target of zero net electricity costs by 2020.