Kansas City, Missouri-based developer Greenback Renewable Energy has acquired a portfolio of operating residential PV assets worth around US$6 million from an unnamed TerraForm Power subsidiary.
Nevada solar moved up in a big way earlier this week, with the state legislature passing several bills to ensure the industry will return to its former heights.
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.
Huawei Technologies is launching its first smart inverter solution to the global residential solar photovoltaic (PV) market. The ‘FusionHome Smart Energy Solution’ is designed from the bottom-up to be a ‘one-4-all’ (one inverter SKU for all) residential application scenarios that offers a number of key capabilities for future residential home needs such as power optimization, energy storage and smart home integration in a simplified plug & play configuration.
Leading solar PV inverter manufacturer Huawei has unveiled at Intersolar Europe 2017 the ‘Huawei FusionHome Smart Energy Solution’ for the European residential market, its first smart PV hardware and intelligent monitoring software designed for the smart home of the future.
Despite the major exhibition having a European tag, Intersolar Europe remains one of the most ‘international’ solar trade shows on the event calendar. As a result, new products launched at this show predominantly reflect trends and developments across multiple markets. On the first day of the exhibition, several new products stand-out for attention. More Day 1 updates are to follow.
News in Brief: SunPower collaborates with Michigan's largest utility for a residential pilot programme, UOSSM's Syria Solar Initiative completes a 127kWp solar system to provide electricity to hospitals, an Australian aboriginal community starts construction on a solar-diesel hybrid project backed by ARENA and Utah's Legend Solar acquires Aspire Energy.
Australia’s Renewable Energy Agency (ARENA) is backing the trialing of a new blockchain technology that could enable households and businesses to trade or share power with each other.