An extra AU$100 million (US$70.76 million) of funding could be put into a rebate scheme for households buying energy storage systems in South Australia, after a peer-to-peer lending group stepped in.
US-headquartered high-efficiency PV module producer SunPower Corp is expecting to sell further assets and increase its loans in 2019 to avert bankruptcy due to looming liquidity issues as the company expects to remain loss making next year, while current net losses in the first nine months of 2018 have reached US$745.3 million.
Major Malaysian utility Tenaga Nasional Bhd (TNB) has started supplying power to the national grid from a part-completed 50MW solar power project in Selangor, Peninsula Malaysia, which will be the largest project in the country once completed.
With Petroleum Development Oman (PDO) as its sole offtaker, the 100MW project in Amin, Oman, is said to be the world's first utility-scale PV project to have an oil and gas company as the sole wholesale buyer of power.
‘Europe’s largest’ energy storage pilot project at an industrial site, combining 2MWp of rooftop solar with a total of 4.2MWh of energy storage across a lithium-ion battery system and two flow batteries has been inaugurated in Belgium.
A group headlined by Strata Solar and Avista Utilities held a ribbon-cutting ceremony last week for the largest PV project developed in the US State of Washington, according to the Sun Tribune.
US-headquartered high-efficiency PV module producer SunPower Corp has secured the module supply deal for innogy’s 349MW PV power plant near Balranald, New South Wales, Australia, the largest plant under construction in the country.
PV project developer and EPC firm, juwi Renewable Energy has started construction of its third PV power plant project in Vitenam, bringing its active pipeline to around 130MW.
‘Silicon Module Super League’ (SMSL) member LONGi Solar, a subsidiary of leading monocrystalline wafer producer LONGi Green Energy Technology Co is to offer its first AC module to the US market in the fourth quarter of 2018.
Silicon Module Super League (SMSL) member Trina Solar has supplied 17MW of PV modules to what is said to be the largest floating PV plant in Europe, developed by French IPP Akuo Energy.
