The go-to resource for in-depth news, analysis, blogs and more on the international energy storage industry

Chernobyl solar plant has to be bankable and safe, warns EBRD
29 Jul 2016 at 5:17pm
Ukraine's plan to bring online 4GW of solar production at site of 1986 nuclear disaster must stack up, says European Bank for Reconstruction and Development.

Kyocera’s solar sales continue quarterly declines
29 Jul 2016 at 3:11pm
Japanese electronics firm Kyocera Corporation reported continued downward pressure on its solar sector sales, revenue and profit margins on continued declining demand in its core Japanese market.

Movers & Shakers: Tesla’s Gigafactory, UK solar industry job losses and M&A activity
29 Jul 2016 at 2:02pm
In this week's Movers & Shakers, PV Tech reports some recent industry mergers and acquisitions, dramatic UK solar job losses and an equally dramatic opportunity for job growth in the US with Tesla's new Gigafactory in Nevada.

SolarWorld’s shipments and sales flat in Q2
29 Jul 2016 at 1:27pm
Integrated PV module manufacturer SolarWorld has reported flat revenue and shipments for the second quarter of 2016, compared with the previous quarter.

JinkoSolar signs PPAs for 188MW of PV in Mexico
29 Jul 2016 at 12:51pm
JinkoSolar has signed its first power purchase agreements (PPAs) for solar PV projects outside China.

Chile enacts its largest ever power tender
29 Jul 2016 at 11:58am
Chile has received 84 domestic and international bidders with multiple renewable energy submissions in its latest power tender.

Brazil cancels 2016’s first solar auction and delays second
29 Jul 2016 at 11:18am
Solar has been removed from participating in Brazil’s first renewables auction this year while the second auction has been delayed to 16 December.

German storage market to hit US$1 billion by 2021 on falling costs and subsidies
28 Jul 2016 at 6:06pm
New research predicts the energy storage market in Germany will increase 11-fold in the next five years, with the residential market buoyed by declining feed-in tariffs, high electricity prices and €30 million in subsidies, while the primary reserve market boosts activity within the utilities sector.

PV manufacturing capacity expansion plans in June follow May’s decline
28 Jul 2016 at 5:36pm
PV Tech’s preliminary analysis of global PV manufacturing capacity expansion announcements in June, clearly demonstrate a significant slowdown in recent months.

TBEA to build two 500MW PV power plants in Egypt
28 Jul 2016 at 2:27pm
China-based major EPC firm TBEA Sunoasis has signed a memorandum of understanding (MOU) with two Egyptian government agencies to build two 500MW PV power plants in the country.

Spain considering solar in 3GW renewables auction but awaits formed government
28 Jul 2016 at 1:27pm
Spain is considering a 3GW renewable energy auction including solar PV, however, the policy is uncertain while the country awaits the formation of a government.

Sonnedix finalises 86MW solar project in South Africa
28 Jul 2016 at 1:09pm
US independent power producer (IPP) Sonnedix has reached commercial operation on an 86MW solar PV plant in South Africa, after only 17 months of construction.

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SolarWorld publishes preliminary results; PV shipments, revenues significantly increased
29 Jul 2016 at 10:50am
In Q2, 2016, SolarWorld AG (Bonn, Germany) raised group-wide PV shipments by 39 percent, compared with previous year's quarter, to 342 megawatts (Q2, 2015: 246 MW). In H1, 2016, SolarWorld increased its shipments by 50 percent to 682 MW (H1, 2015: 456 MW). In Q2, 2016, consolidated revenue rose to EUR 222 million (Q2, 2015: EUR 171 million. In H1, 2016, the group reached EUR 434 million (H1, 2015: 320 EUR million).

Duke Energy Renewables control center crosses 2.5 GW wind, solar and energy storage milestone
29 Jul 2016 at 10:42am
Duke Energy Renewables (Charlotte, NC, U.S.) on July 28th, 2016 announced its control center now serves more than 3,500 megawatts of wind and solar energy plants across the U.S. since it opened in its new location in 2015. As a result of this rapid growth, the center is further enhancing its cyber security and other capabilities.

WACKER Chemie AG announces solid results, increases solar silicon shipments
29 Jul 2016 at 10:36am
In the second quarter of 2016, Wacker Chemie AG (Munich, Germany) continued to grow its sales, both year over year and quarter over quarter. The chemical company posted sales of EUR 1,386.2 million in the reporting quarter (Q2, 2015: €1,370.5 million), a rise of 1 percent. This slight increase was caused primarily by substantial year-over-year volume growth for silicones, polymer products and polysilicon (solar silicon), which enabled WACKER to more than compensate for price declines – especially affecting polysilicon and semiconductor wafers – compared with the year-earlier quarter.

Minnesota Power invites tenders for up to 300 MW utility-scale solar PV
29 Jul 2016 at 10:23am
Minnesota Power (Duluth, MN, U.S.) released the first in a series of Requests for Proposals as part of the company’s broad resource evaluation process to further its EnergyForward strategy. EnergyForward calls for a diversified power supply to meet customers’ needs reliably and cost effectively in an environmentally responsible manner.

GTM Research: German energy storage market to reach USD 1 billion by 2021
29 Jul 2016 at 7:30am
According to a new report from GTM Research (Boston, MA, U.S.) Germany’s energy storage market will grow 11-fold in megawatt terms between 2015 and 2021 and will reach an annual value of USD 1.03 billion. Germany is already one of the world’s leading energy storage markets. At the end of 2015, Germany was home to 67 megawatts of energy storage (128 megawatt-hours) with a value of USD 169 million.

JinkoSolar signs three PPAs for its 188 MWac PV projects in Mexico
29 Jul 2016 at 8:14am
JinkoSolar Holding Co., Ltd. (Shanghai, China) on July 28th, 29016 announced that it signed three power purchase agreements (PPAs) with Mexico's Federal Electricity Commission (Comision Federal de Electricidad, CFE) for the three solar photovoltaic (PV) projects totaling 188 MWac that was awarded in April 2016 under Mexico's first long-term electricity auction.

IHS Markit: Global grid-connected energy storage capacity to double in 2016
28 Jul 2016 at 1:29pm
The global energy storage market is expected to double, from 1.4 gigawatt hours (GWh) added in 2015 to 2.9 GWh this year, offering unique growth prospects for many energy companies as global energy markets continue to cool. Global grid-connected energy storage capacity will surge to 21 GWh by 2025, according to IHS Markit (Englewood, CO, U.S.).

Swiss Partners Group to invest over USD 200 million in development of Taiwanese solar power platform
28 Jul 2016 at 11:25am
Partners Group (Baar-Zug, Switzerland), a global private markets investment manager, has agreed to invest over USD 200 million as the controlling shareholder in a Taiwanese solar power development platform on behalf of its clients. The platform has entered into an agreement with Sinogreenergy (SGE), a Taiwanese developer of solar photovoltaic (PV) power plants, to develop a portfolio of up to 550 MW of solar power plants across Taiwan over the next three years.

Solar Power World releases 2016 top 500 U.S. solar contractors list
28 Jul 2016 at 10:59am
Solar Power World Magazine on July 27th, 2016 announced the release of its “2016 Top 500 Solar Contractors list”. This year’s cohort of contractors works amid a burgeoning business market. The U.S. solar market is expected to grow 119% in 2016, according to GTM Research.

Eurus Energy celebrates completion of its 4 MW Fukushima Kawauchi solar PV park
28 Jul 2016 at 10:56am
On July 21st, 2016 Eurus Energy Group (Tokyo, Japan) celebrated the completion of the 4 MW Eurus Fukushima Kawauchi Solar photovoltaic (PV) Park in Kawauchi Village, Fukushima Prefecture, Japan The facility with approximately 19,000 PV panels spreads over about 13 hectares on the Takatsuka Heights in the northwestern part of Kawauchi Village.

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