According to GTM Research, global solar PV installations are expected to surpass 104GW in 2018, despite the top four markets, including China, forecasted to decline collectively by 7%.
Cypress Creek Renewables, which developed 1GW of PV projects in an 18-month stretch up to the beginning of this year, has used Lockheed Martin’s lithium-ion battery storage solutions in a dozen just-completed solar-plus-storage projects.
Tech giant Microsoft is to purchase power from 315MW of a 500MW solar project in Virginia, which represents the single largest corporate purchase of solar energy ever in the US, the company claimed.
According to European trade association SolarPower Europe, preliminary global solar installations reached 98.9GW in 2017, a 29.3% increase over the previous year and another new record.
‘Silicon Module Super League’ (SMSL) member Canadian Solar has finally confirmed the sale of part of its PV plant portfolio in California to South Korea’s largest electricity utility, Korea Electric Power Corporation (KEPCO).