BYD, Kostal announce energy storage partnership

Building on earlier collaboration, Kostal and BYD are looking to further strengthen their ties under a new deal, which will see them provide storage solutions to the residential and commercial solar segments.

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Global EV sales hit 4 million, soaring market sees next million in May 2019

While it took 60 months to reach the first million electric vehicle (EV) sales, in late 2015, it took the fourth million just six months. China is driving this development. Meanwhile, as first generation EVs batteries are reaching their end-of-life, interest in second-life use cases is growing. The volume of retired EV battery packs is set to be 108 GWh by 2029 – representing a third of the expected storage capacity market at that time.

Batteries material market set to grow 9% until 2022

A report by Technavio suggests the global market for battery materials could grow 9% annually in the next four years. Analysts point to the increasing installation of storage systems with PV as a key driver.

Big storage goes metro: Tesla supplies 500 kWh to City of Sydney

The City of Sydney has installed the first large scale battery storage system to be located within the Sydney metropolitan are. Transgrid and the City collaborated on the project, which sees 500 kWh of batteries coupled with around 450 kWp of rooftop PV.

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“Stealing is not competition”: SolarEdge founder comments on IP claim

Following Monday’s announcement, pv magazine spoke to Lior Handelsman, of SolarEdge. The company VP is adamant Huawei has infringed the Israeli firm’s intellectual property, and says defending IP will see the PV industry grow.

Falling battery costs to push solar, wind to 50% electricity generation by 2050, but electricity still failing CO₂ reduction targets – BNEF

Solar PV capacity is set to grow 17-fold, and wind six-fold, by 2050, to account for nearly half of global electricity generation, predicts BNEF, while investments will reach US$11.5 trillion. Cost reductions will drive this charge, particularly in the battery market, which will benefit from the EV manufacturing ramp up. Despite this, the electricity sector is still failing to bring CO₂ emissions down to the required levels, with its continued dependence on gas.

Momentum builds for perovskite tandems, 25%+ efficiency achieved

Researchers from Helmholtz-Zentrum Berlin (HZB) and Oxford PV have presented a new record perovskite tandem solar cell, with a 25.2% conversion efficiency, independently verified by Fraunhofer ISE. Bernd Stannowski, from HZB presented the results this week at the World Conference on Photovoltaic Energy Conversion (WCPEC-7) in Hawaii.

Rystad: Fully-commissioned utility-scale PV capacity to double by July

Australia is set to quadruple its utility-scale PV capacity in 2018, with a 2 GW pipeline. The effects of the expansion are now beginning to show, as projects come online. So far just 0.1 MW of the 2018 pipeline are fully operational, but as of July this is going to change.

Landis+Gyr and PEP buy smart meter business from Origin Energy

The newly founded joint venture raised $500 million in capital investments realize a large scale smart meter roll out in Australia. Origin Energy previously contracted Acumen for this sector. The Acumen brand will be retained and managed together with intelliHUB

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SMA launching new multi string battery inverter

SMA says its new product will offer digital services such as monitoring and automatic notifications to perform maintenance as well as offering an emergency supply system. According to analysts, the varied applications of new inverters signal an increasingly competitive marketplace.

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