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Australian utility engagement points to bright future for battery storage

The ways in which Australian utilities are engaging with distributed battery storage and the proactive role of the regulator points to the market being a dynamic one. Bloomberg New Energy Finance believes that because of this, other markets will look to see what shape the Australian storage market takes over the next few years.

Swiss team develops low-temperature deposition for transparent perovskite

Researchers have developed a method to produce perovskite PV cells at low temperature, which does not result in a device exhibiting hysteretic current-voltage behavior. The technique employs a semi-transparent indium oxide rear electrode and when incorporated into a CIGS tandem device has achieved 20.5% conversion efficiency.

Low utilization at Yingli results in $581 million Q3 write down

China’s Yingli Green Energy continues to be plagued by low utilization rates and will book a RMB3,694.2 million (US$581.3 million) “non-cash impairment charge on long lived assets” in Q3.

Australian offgrid push may leave unfair burden of grid costs

Encouraging households to add sufficient storage to their PV arrays to disconnect from the electricity grid may leave an unfair burden of high utility payments to those left connected. Ric Brazzale, the Managing Director of Green Energy Trading says that a large movement of households off the grid may be bad for consumers without necessarily doing anything for the environment.

Australian Greens set out 90% renewables by 2030 plan

The Australian Greens have published a plan to see the country move to 90% renewable energy by 2030. The plan envisages two scenarios by which the goal can be achieved, with the second anticipating an increase of rooftop PV from 5,884 GWh of production today, to 39,700 GWh by 2030.

CSun reports falling shipments in Q2, $10.3 million loss

Troubled Chinese manufacturers China Sunergy has released its delayed Q2 2015 results, in which its shipments fell as it reduces OEM production. The company reported a loss for the quarter of US$10.5 million, down from $12.2 million in Q1 2015.

$45 million Solyndra settlement behind Trina Q3 loss, despite 1.7 GW record shipments

China’s Trina Solar has racked up a record 1.7 GW solar module shipment record in Q3 2015, however a US$45 million settlement with Solyndra trustees has plunged the manufacturer into a $20 million loss for the quarter.

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Amtech records flat Q4, reports increasing quoting activity

U.S. production equipment Amtech has reported relatively flat revenues in Q4 fiscal 2015, however increased quoting activity and Y/Y sales increases point to a rebounding PV equipment market.

Risen to construct massive solar carport in China

China’s Risen Energy is constructing the first phase of a vast 55 MW solar carport in Hangzhou Bay, China. The project will be the biggest solar parking structure in the world when completed.

Growing solar sales insufficient to stem cash burn at Singulus

German production equipment supplier Singulus is pursuing a debt-equity swap to tide the company over a difficult period in which its liquidity has been diminished due to weak sales to the optical disk industry. This is despite growth in its solar equipment booking and shipments.

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