storage

SolarEdge interim CEO Ronen Faier has spoken about the closure of the company’s utility-scale battery storage manufacturing business.

SolarEdge has closed its utility-scale battery storage division, resulting in a layoff of roughly 12% of its total workforce.

Speakers at LSSCEE 2024 discussed key topics for the Eastern European solar sector, including storage, private investment and risk management.

PV Talk: Despite the gloomy headlines emanating from the recent COP29 climate negotiations, Global Solar Council CEO Sonia Dunlop tells Tom Kenning how for solar PV the picture was brighter, with progress made on grids, storage and the cost of capital.

Maintaining a varied approach for solar and storage projects could add a valuable aspect of flexibility, according to panelists at LSSCEE.

Masdar plans to develop including over 6GW of new solar capacity and 4GW of new solar manufacturing capacity in Egypt.

PV Talk: Geoff Ferrell of sonnen tells JP Casey how virtual power plants offer the prospect of lower-cost and lower-carbon power.

Technology companies are the biggest commercial investors into the solar power sector in the US, including Meta, Amazon and Google.

R.Power has issued green bonds worth (€122 million (US$130.6 million) to support the development of new solar and storage projects in Poland.

The whole of the Fortune 500 is looking into clean energy tax credit transferability deals, according to tax credit investment banking firm Foss & Company.