After new Secretary of Energy Rick Perry sent a memo to his chief of staff authoring a 60-day review of the grid to investigate how certain federal subsidies boost one form of energy at the expense of certain base load energies such as nuclear and coal, many industry observers believed him to be attacking renewable energy, but the SEIA claims this is not the case.
Arguing that energy storage is “critical to ensuring a resilient, reliable, cost-effective and sustainable grid”, the Energy Storage Association joined with 52 other organisations to plead the place of storage in the Trump’s administration’s infrastructure priorities.
San Francisco-based SunFunder is a solar finance business with a mission to unlock capital for solar energy in emerging markets. It primarily aggregates investment capital through its beyond-the-grid and Solar Empowerment funds, thereby giving accredited investors the opportunity to invest in their on-grid and off-grid solar portfolio. Andrea Griffin, SunFunder’s vice president of global business development, stopped by PV Tech to discuss investment, currency risk and energy storage in West Africa.
Yesterday the New York Public Service Commission (PSC) approved a new rate structure for distributed energy resources (DER) that is set to more accurately value and compensate for solar, while also boosting energy storage and community solar.
The Japanese PV market’s switch from a feed-in tariff (FiT) driven, mostly utility-scale phenomenon to one based on rooftops and self-consumption was in evidence at the PV Expo trade show in Tokyo this week.
SolarEdge is rolling out a new complete residential solution throughout Europe that combines inverters, storage and home automation. The idea is to manage and monitor electricity consumption, solar energy generation and storage through one central device control that enables enhanced energy independence and increases self-consumption.
In this week's Movers & Shakers segment, PV Tech focuses mainly on executive shifts in US solar companies involved in storage, trackers, residential loans and more. The African Development Bank is also revamping its management board, with a new head of Renewables.
SolarPower Europe is calling on the European Commission (EC) to address both solar power and energy storage in its upcoming Energy Union Package. In light of this, the association’s Task Force on solar & storage has created 10 policy priorities that will need to be considered to develop an appropriate framework for those technologies.
In this week's Movers & Shakers, PV Tech covers the controversy surrounding the sudden exit of Brian Molefe from South African utility Eskom after scandal accusations, and reports on whether this could emerge as an opportunity for the country's embattled renewables procurement programme. We also report on First Solar slashing jobs after it rescinded on its former plans to migrate its series five module and other happenings from the US, Europe and China.
Energy storage in the US is being propelled forward by falling costs and increasingly favourable markets and policy. But for the full value of storage to be realised, numerous regulatory and fiscal barriers must still be surmounted, writes Matt Roberts.
The participation of venture capital (VC) investors seems to have cooled, while project funding has conversely seen a sharp rise, in the latest quarterly report into funding and mergers and acquisitions from Mercom Capital.
The Australian Renewable Energy Agency (ARENA) has committed up to AU$18 million in funding to build the first phase of a AU$120 million solar-wind-storage project by Windlab and Eurus that will deliver renewable energy on demand.