A utility survey shows battery storage capacity growing sharply, including solar + storage installations in several states. Looking ahead, FERC Order 841 could spark extensive new storage for grid services, helping more utilities become familiar with storage and its benefits.
Canada-based Silfab Solar has invested US$40 million in U.S. solar PV module manufacturer, Itek Energy, LLC’s Bellingham, Washington production facility.
Gibraltar Industries, owner of solar racking company RBI Solar, of Cincinnati, OH has acquired balance of system designer SolarBOS, of California.
The lithium supplier is banking on both its substantial history and new developments in the rapidly growing the electric vehicle market.
The company’s shares have returned to a level slightly above where they were prior to the August 7 announcement.
The report found over 3,200 employees working at the factory at the end of 2017, and $3.7 billion in invested in the plant.
By double stacking a perovskite-silicon solar cell and using the cell in a glass-on-glass bifacial solar module, scientists model that a 30-36% efficient solar module can be attained.
A report by Technavio suggests the global market for battery materials could grow 9% annually for the next four years. Analysts point to the increasing installation of storage systems with PV as a key driver. pv magazine has covered previous reports predicting significant growth in PV and storage systems.
The IQ8 will allow off grid solar power without the need for energy storage by instantly recognizing local load demands and meeting them with available solar-generated electricity.
While the microinverter maker is still the target of an aggressive short, Roth Capital Partners has reiterated its “buy” at $6.50 per share, describing the IQ8 as a “game changer”.
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