News

SMA reports 42% rise in turnover, Meyer Burger swings to a loss
German inverter manufacturer SMA Solar Technology reported strong financial results for the very first half of 2020 in spite of the Covid-19 dilemma. Meyer Burger, nevertheless, saw sales as well as profits decline.
Aug 14, 2020 // Manufacturing News, Markets & Finance News, Inverters, Germany, Europe, meyer burger, SMA, Jürgen Reinert
"Capacity deferral is the key source of storage value"
Large batteries obtain most their worth from replacing gas peaker plants as well as avoiding the installment of extreme amounts of transmission and also generation framework. Nevertheless, batteries can not change all gas plants, MIT scientists located. From an all natural economics point of view, there is a particular share of storage space that is thought about cost-effective. With battery expenses decreasing, that share is regularly boosting.
Aug 14, 2020 // Storage, USA, MIT, North America, Dharik Mallapragada
Netherlands' largest power company wishes to connect new solar parks to 75% of their peak capability
Liander claimed its brand-new strategy may cause cost savings varying from EUR1.4 billion to EUR1.8 billion. Feasible losses for PV power producers are approximated at an optimum of 3% of their electrical power production per year. If applied, this new action would certainly push PV project designers to rely on underdimensioned inverters.
Aug 14, 2020 // Markets & Finance News, Inverters, Europe, Netherlands, Liander
Qatar's initial storage space project counts on Tesla batteries
The 1 MW/4 MWh storage system will be used to store power throughout top hours or when the terminal reaches optimum lots in addition to for improving network voltage.
Aug 14, 2020 // Markets & Finance News, Storage, TESLA, Asia, Qatar
Strategy to release 1,500 MW/6,000 MWh storage space project gets authorization in the US
An authorization to broaden Vistra's natural gas-fired Moss Landing generation station to 1,500 MW/6,000 MWh has been accepted, setting the stage for the world to see gigawatt-scale battery energy storage for the first time ever.
Aug 14, 2020 // Markets & Finance News, Storage, USA, North America, Curtis Morgan
New England big battery granted $12.5 million state federal government grant
The 50 MWh battery will be colocated with phase 1 of the UPC/AC Renewables' 720 MW New England Solar Farm.
Aug 13, 2020 // Markets & Finance News, Storage, Australia, Oceania, new south wales, Adam Marshall, Killian Wentrup
Toledo Solar gets DOE grant to research study lighter, steel-backed solar modules
As if being the only thin-film cadmium telluride solar panel maker in the household market had not been enough of a niche, Toledo Solar is currently seeking to establish something never done prior to: modules with glass-enameled steel backs.
Aug 13, 2020 // Technology, Manufacturing News, USA, PV module, North America, Ohio, CdTe, Toledo Solar
Japan to provide $330M for Qatar huge solar power plant
Japanese financial institutions will offer substantial financing for one of the world's largest solar plants in Qatar, says a bank declaration
Aug 13, 2020 // Plants, Large-Scale, Commercial, USA, Japan, Asia, Qatar, Total, North America, PV Power Plant
Solar projects allocated to support N'Djamena borders in Chad
Argentine corporation Alcaal Group has signed an MoU with Chad's Ministry of Finance and also Ministry of Energy for a 200MW solar PV with a battery storage element located near the resources city of N'Djamena.
Aug 13, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, Africa, chad, Alcaal Group, Idriss Déby
New 1,500 V string inverter from Growatt
The new gadget is offered in 4 different variations with nominal power ranging from 185 to 253 kW. The inverter has actually a reported effectiveness of 99.0% and a European performance between 98.5% and 98.7% depending upon the dimension.
Aug 13, 2020 // Inverters, China, Asia, efficiency, Growatt
High RESS strike costs down to link expenses as well as PPA size
High grid link prices led to a solar strike cost in Ireland's first Renewable Electricity Support Scheme (RESS) public auction "dramatically greater than anywhere else in Europe" according to the Irish Solar Energy Association (ISEA).
Aug 13, 2020 // Large-Scale, Markets & Finance News, UK, PPA, Europe, ISEA, Ress, David Maguire
JBM to build subsidy-free 50MW solar-plus-storage website
JBM Solar Projects is to build a brand-new 50MW solar ranch with battery storage at a site near Swindon.
Aug 13, 2020 // Large-Scale, Storage, solar-plus-storage, subsidy-free, JBM, Brendan O’Brien
Lightsource bp Partners up for 300 MW Solar Project in Colorado
McCarthy Building Companies has been called by Lightsource bp as the EPC Contractor for the 300 MW Bighorn Solar project in Colorado
Aug 13, 2020 // Plants, Large-Scale, Commercial, USA, Colorado, Lightsource BP, North America, Kevin Smith, International, solar projects
Solar as well as wind create record 10% of international electricity
Solar and also wind generated a record 9.8% of global electrical energy throughout the initial six months of 2020, but additional gains are needed if Paris Agreement targets are to be fulfilled, a new report has claimed.
Aug 13, 2020 // Plants, Markets & Finance News, stats, energy transition, covid-19, Ember, solar generation, paris agreement, Dave Jones
SPI goes totally virtual as Las Vegas trade show is cancelled
SPI, North America's largest solar sector occasion, will certainly currently be fully virtual after the organisers terminated an outdoor exhibit rescheduled for October.
Aug 13, 2020 // Markets & Finance News, USA, North America, covid-19, spi, Stephen Miner