Mark Hutchins
Enel acquires U.S. storage company Demand Energy
Through its subsidiary Enel Green Power North America, Italian multinational the Enel Group has announced the acquisition of a 100% stake in Demand Energy, a U.S. company specializing in intelligent software and storage systems.
The pv magazine weekly news digest
It’s back to business as usual for solar in the second week of January. After a brief new year’s rest, the global industry is hitting 2017 at full speed and already showing the beginnings of another action packed year.
Solar Power Europe: “Innovation in business models and financing is key”
A report published this week by EU trade body Solar Power Europe puts emphasis on innovative business models and financing schemes as the key drivers taking solar to the next stage in its development across the continent.
NexTracker to supply 30 MW project in Tamil Nadu
U.S. tracker manufacturer NexTracker announced this week that it will partner with project developers CleanMax Solar to supply 30 MW of its NX Horizon single axis trackers to a project in Tamil Nadu, India.
80 MW PV plant approved by council in Bundaberg
Bundaberg regional council has approved planning application for an 80 MW PV power plant, lodged by Australian solar developers Esco Pacific. The plant will comprise 400,000 tracker modules, an investment of AU$210 million.
Suntech announces 20% efficiency for mass-production multi-PERC cell
Chinese module manufacturer Suntech announced that it has increased the efficiency for its mass production multicrystalline PERC cells to 20%, transferring its recent laboratory success to the production line.
Indian firms request more time to install rooftop plants
With India’s rooftop market set to boom in 2017, the Faridabad Industries Association (FIA), which represents businesses in the Faridabad region of India, has requested an extension to the December 31st 2016 deadline to install rooftop solar on commercial and industrial units.
Sonnedix Completes EUR 197 million refinance in Italy
Independent solar power producers Sonnedix have announced a non-recourse refinancing worth EUR 197.1 million, for its 66 MW portfolio of pv plants in Italy.
Sweden plans 60% subsidy for residential batteries
Sweden has announced a government subsidy that will cover 60% of the cost for installing a residential energy storage system, up to a maximum of 50,000 kroner (US$5,400). Battery, wiring, management systems and installation will all be eligible for payment under the subsidy.
Volkswagen announces shift toward clean energy and electric vehicles
In an effort to rebuild its reputation after last year’s emissions cheating scandal, the German car manufacturer has announced plans to become the world leader in electric vehicles by 2025.
