New Jersey is the latest US state to set itself targets for the deployment of energy storage, with newly passed legislation calling for 600MW of the technology within three years.
So technically, subject to approvals, California-headquartered SunPower Corp has acquired Hillsboro, Oregon-based PV manufacturer, SolarWorld Americas, yet typically there are many known unknowns regarding the acquisition.
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.