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Balance of Systems

Australia becomes first market outside Europe to receive Ikea’s full home solar offer

Ikea has launched its turnkey home solar offer in Australia, making it the first market outside Europe that can purchase a home solar kit from its website. Ikea has partnered with Solargain to try and bring solar to as many Australian rooftops as possible.

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Magnis wins investor backing, keeps to Townsville battery gigafactory plan

Graphite miner Magnis Energy, one of the companies behind plans to develop an 18 GWh lithium-ion battery factory in northern Queensland, has received commitments to raise $1.5 million.

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Nextracker the largest tracker provider in 2019

The ten largest solar tracker companies accounted for 88% of the market last year, according to analyst WoodMackenzie, with the market growing 20% from 2018.

Northern Territory approves its first lithium mine

The Finniss Lithium Project will be the first-ever lithium mine to be built outside of Western Australia.

Covid-19: IHS Markit expects demand for private and commercial storage to fall significantly

A slump in demand would weigh more heavily on the storage industry than a temporary production shutdown and IHS Markit analysts say that is where the risk lies, rather than with a temporary shortage of battery cells. A similar prediction has been made for the PV market.

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Panasonic suspends work at Tesla’s Nevada fab as carmaker’s California and New York gigafactories pause

Tesla’s Nevada operation is still open for business, though. The EV and battery maker has assured the market its cash position is strong enough to weather an “extended period of uncertainty”.

Eguana Technologies moves closer to Moixa GridShare AI integration

The Canadian battery manufacturer has announced an investment from Japanese Itochu Corporation and got closer to integrating Moixa GridShare AI with its Evolve batteries.

BNEF lowers 2020 global PV outlook due to coronavirus concerns

Many solar factories in China are starting to resume production, suggesting that concerns about supplies of PV components could soon begin to ease. Nevertheless, the temporary standstill will have an impact on the global solar market, as the implementation of some projects will probably be postponed until next year.

How the new generation of 500 W panels will shape the solar industry

With three models of 500 W solar panels officially unveiled, here’s a look at what it means for the future of project development and the solar industry at large.

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Coronavirus could cause PV module, battery cell shortages in Australia

As the outbreak takes its toll on solar panel and battery manufacturing in China, Australia is bracing for disruptions in the supply chains.

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