Inaugural global energy storage report by GTM Research finds that Australia’s behind-the-meter storage market tripled in 2017, while the U.S. remains the world’s leading market with an installed energy capacity of 431 MWh. China poised to rise to second place globally in 2019.
Mercom’s Q1 2018 report shows only US$2 billion raised during the quarter, a 2/3 fall from the previous quarter and a decline on a year-over-year basis.
The Swiss power electronics giant has announced that its UNO-DM-PLUS string inverters are now operationally compatible with Tigo’s DC optimization technology, which also offers module-level monitoring and rapid shutdown capability.
Technology multinational, Apple Inc. has announced that its global operations are now 100% powered by clean energy. Additionally, another nine of Apple’s manufacturing partners have committed to powering their production with 100% clean energy, meaning a total of 23 suppliers have now made this commitment.
For decades, hydrogen has been sold to us as the energy carrier of the future. You might not want to hear it anymore, because the future never seems to start. But times will change as recent developments in Germany indicate, writes Berlin-based renewable energy consultant, Stephan Franz.
Global solar PV inverter shipment are expected to increase just 2% this year, to just over 100 GWac, GTM Research’s Scott Moskowitz tells pv magazine. He further reveals that Huawei knocked SMA off the top revenue spot in 2017, for the first time.
The large-scale solar markets of China, the USA, and Europe have experienced vastly different fortunes over the past couple of years. As China has boomed and the U.S. held steady, Europe has seen growth rates plunge. But nothing is constant in PV, and each of these three vital markets faces a series of unique challenges and opportunities, as pv magazine discovered.
According to the latest GTM Research statistics, global inverter shipments increased 23% in 2017, and revenues 11%, thus representing another record year. A market first, three-phase string inverter shipments overtook those of central inverters.
A new report drafted by Bloomberg New Energy Finance (BNEF), the United Nations Environment Programme (UNEP), and the Frankfurt School-UNEP Collaborating Centre shows that global solar energy investments overshadowed all other forms of electricity generation in 2017. China is leading the pack of the world’s largest renewables investors, followed by Australia, Mexico and Sweden.
According to the latest statistics from the International Renewable Energy Agency (IRENA), global renewable energy (RE) generation capacity hit 2,179 GW last year. Leading the charge were renewable hydro, onshore wind and solar PV.
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