Battery materials market to grow 9% through 2022
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.
Enphase going Einstein with IQ8 solar power inverters
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.
Enphase boosts confidence, touts technology during analyst day
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”.
SunPower borrows $110 million to refinance
The PV maker plans to pay off the high-interest mezzanine loan with revenue from its residential lease portfolio.
Silfab plans 150 MW back contact module line in the United States
The Italo-Canadian PV maker is the latest company to announce U.S. manufacturing plans, and will also add 150 MW of back contact module capacity at its Canadian facilities
Saudis may take Tesla private
Elon Musk has revealed that a Saudi sovereign wealth fund has approached him with a definite offer, and has announced advisors as the company forms a special committee.
Duke to upgrade pumped-storage station to accommodate renewables
The energy giant is upgrading its Bad Creek pumped hydro storage facility from 1,000 to 1,300 MW.
Enphase finalizes purchase of SunPower mincroinverter business
The deal gives SunPower $25 million in cash and 7.5 million shares in Enphase. Enphase also gains access to SunPower microinverter IP, and rights to SunPower’s Equinox AC modules line.
Hanwha Q Cells’ U.S. factory planned to complete ramp in Q1 2019
The company has declined to reveal further information about the facility.
I got 99 problems, but a bill of materials isn’t one
DNV GL reveals how important it is that solar power project developers consider the full solar module bill of materials when choosing a product.
