Chinese technology company Huawei has been expanding its global presence in the solar industry as of late, with this most recent exclusive framework agreement with German solar developer Soventix proof that Huawei’s innovative PV solutions and inverters are continuing to appeal across the board.
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.
Danish renewable energy developer Pure & Better Energy awarded 20 MW of solar PV capacity in latest cross-border auction for cost of DKK 12.89/MWh.
Update from SolarPower Europe reveals that the continent installed 1.56 GW in the months from June to September, a 10% decline on Q3 2015. First nine months of the year saw 5.3 GW installed, a decline of 18%.
The Chinese giant shipped the most inverters in 2015 in terms of MWac, pushing SMA into third place behind Sungrow; positions switched in terms of revenue, with SMA holding on to top spot despite pressure from Huawei and Sungrow.
The energy sector has undergone huge changes over the last years, mainly due to the decentralization of energy systems and the increasing role of renewables. While the sector’s defining characteristics continue to shift, a new trend has emerged: the digitization of energy. What it is, and who will benefit the most was discussed at this year’s Forum Solarpraxis.
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