Singapore-based solar plus storage microgrid expert Canopy Power has helped the Batu Batu resort on Malaysia’s Tengah Island reduce its dependence on diesel fuel through the installation of an integrated system which will cover a quarter of its energy needs.
Huanghe Hydropower Development has connected a 2.2 GW solar plant to the grid in the desert in China’s remote Qinghai province. The project is backed by 202.8 MW/MWh of storage.
The new deal with one of the leading solar wholesalers in Australia will make Sungrow’s suite of products available to a greater number of residential and commercial customers.
Australian retail property major Vicinity Centres has delivered two solar carparks at its shopping centers in South Australia, one of which is the nation’s biggest at 3.2 MW. One of the centers also has a solar battery trial underway and both will have EV charging stations as of next year.
The research firm says the value of the global inverter market will continue to decline until 2024, even though shipments will likely increase. China’s recent policy changes have increased pressure on prices, which will contribute to greater consolidation in the sector.
Pestech, a Malaysia-based electrical power technology company, has entered into a partnership with Chinese inverter maker Sungrow to jointly develop new floating solar solutions.
China’s slowdown in installations last year was more than made up for by expansion elsewhere, according to IHS Markit. The news comes amid increasing market fragmentation – with the biggest engineering, procurement and construction business boasting less than 3% market share – and internationalization, with almost half of the top 15 companies operating across more than one region.
With PV’s cost declines, the growing question is: where to put it all, particularly in densely populated areas. Ingenuity to the rescue – a technology that took its first steps in 2007 is entering full market maturity. And its potential is rather impressive.
Sungrow is best known for its PV inverter range – which covers the residential, C&I and power plant market segments. The Chinese inverter maker has hopes to see it gain increased traction in Australia by broadening its product portfolio in the country.
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.
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