A report by Technavio suggests the global market for battery materials could grow 9% annually in the next four years. Analysts point to the increasing installation of storage systems with PV as a key driver. pv magazine has covered previous reports predicting significant growth in PV and storage systems.

Adding energy-intensive industries to microgrids can help refinance system costs and can lower tariffs for residential consumers, a study suggests. To achieve this though, accurate system design and sizing are essential.

PUC Distribution contracted Fluence to install energy management and storage systems that would allow business in a city in Ontario to reduce high peak-load charges. It is hoped this will reduce costs and help Canada hit its strict carbon emissions mandate.

As the global EV market grows, manufacturers are seeking new revenue streams for used EV batteries. Applications in grid and residential storage systems have become popular. The market for second-life EV batteries is expected to reach $4.2 billion by 2025.

The project connecting Germany and Norway was first conceived in 2015. The 624 km undersea cable will have a capacity of 1.4 GW, when operational in 2020. The EU is supporting the project and other grid infrastructure projects through its EFSI scheme to interconnect the European energy markets, for better renewable energy integration and improved security of supply.

German EPC company Cronimet has installed a 150 kW solar array to work alongside a 332 kWh battery storage system at a luxury lodge complex in a remote part of the African nation.

The Chinese solar module manufacturer will supply 167 MW worth of modules to what is on track to becoming Spain’s, and Europe’s, largest PV plant when completed.

As U.S. President Trump re-imposed sanctions on Iran, many solar companies – predominantly from Europe – were in the process of developing massive project pipelines in the country. These are now in jeopardy, even with blocking statute imposed by the EU. Those seeking to pursue plans demand safe financial channels from the EU in order to continue developing PV projects, and to signal a clear commitment to the Iran Nuclear Deal.

Mini-grid solutions are becoming more popular to deliver electricity to rural areas. There are 1 billion people worldwide without access to electricity and off-grid solutions could be the cheapest and easiest solution for about 70% of them. It is estimated the market in the segment will be worth $64 billion by 2030.

Odyssey connects stakeholders along the mini-grid value chain to streamline development and financing processes. Reportedly over 275,000 connections would be achieved if the full pipeline is realized, and recently, it experienced a significant boost in a very dynamic mini-grid market.