The CEO of Orsted, the world’s largest offshore wind developer, has said that his company is working to establish “a scalable commercial model” for solar PV and energy storage, viewing both as potential drivers of long-term growth.
The Australian Capital Territory, the country’s federal district and home of national capital Canberra, is supporting the planned roll-out of 36MW of customer-sited batteries by funding a further AU$3 million (US$2.39 million) in rebates.
Hospitals, schools and railways in South Australia will be powered by an electricity retailer started up by billionaire steel trader Sanjeev Gupta, following the signing of an agreement between the state government and Gupta’s SIMEC ZEN Energy.
Sweden-based PV manufacturer Midsummer has developed a flexible CIGS thin film solar cell process that provides a complete solution for BIPV/BAPV metal roof systems together with the Swedish Metal roofing company Clix Steel Profile AB that is certified for slopes as low as 5°.
Saudi Arabia’s Electricity and Cogeneration Regulatory Authority (ECRA) has approved a net metering scheme that will allow self-consumption and export to the grid.
SPONSORED: One answer to helping push forward the commercial-scale solar market could be borrowed from experiences with utility systems, inverter innovation, writes SolarEdge's Lior Handelsman.
Renewable energy is indeed the future, according to Bloomberg New Energy Finance’s latest report, which forecasts technologies such as wind and solar to “dominate” the future of electricity by 2040, making up 48% of the world’s installed capacity and 34% of electricity generation.
Following on from the successful year for solar that was 2016, the US market added 2,044MW of new capacity in Q1 2017 alone. As installations grow, prices continue to fall to new lows and utility-scale system prices dropped below US$1/Watt for the first time according to GTM Research.
