Flex survives a $500 million loss in business after SunEdison flamed out
Through no fault of its own, the energy-storage manufacturer revealed on its most recent earnings call that the continuing SunEdison fiasco cost it $500 million in revenue in 2016 – but it lived to tell the tale.
Mercom: Battery storage funding shifts to deployment
The latest report by Mercom Capital shows that while debt and public market financing for battery storage companies declined in 2016, that battery storage project funds raised $820 million during the year.
AES, Mitsubishi tie up on India’s first grid-scale storage array
The U.S. power group and the Japanese industrial giant will jointly supply a 10 MW Advancion energy storage bank to help integrate renewables such as solar into a grid network operated by Tata Power Delhi Distribution (Tata Power-DDL) in New Delhi.
China continues dominance of global renewable energy
A new report examines China’s clean energy investments, which go well beyond its borders, as well as its increasing dominance of PV production and the lithium-ion battery value chain.
Tesla/Panasonic begin battery cell production at Nevada Gigafactory
The factory is producing lithium-ion batteries both for Tesla’s energy storage products and electric vehicles
Innogy completes acquisition of solar and battery specialist Belectric
German renewable energy developer has acquired international PV power and storage specialist Belectric for a sum in the double-digit million euro range, company confirms.
Interview: Younicos discusses latest 49 MW UK storage deal
Following this week’s announcement that Younicos will supply a 49 MW storage system in the U.K., pv magazine caught up with the company’s president and CEO Stephen L. Prince to find out more about the project, and Younicos’ wider objectives.
