Germany’s Fraunhofer Institute for Solar Energy (ISE) has set a new world record for PV module efficiency. Scientists at the institute achieved 41.4% efficiency for a solar module using both tandem cell and high-concentration PV technology.
The platform will be designed to enable tracking and peer-to-peer trading of certificates at the kilowatt-hour scale, at low cost and with improved ease of use.
The company’s U.S. subsidiary is part of the purchasing agreement, which appears to come just in time as the factory in Shelby was running out of funds to operate.
Innogy’s US subsidiary will gain exclusive rights for the acquisition of 13 solar PV projects currently owned by North Carolina’s Birdseye Renewable Energy. The projects have a cumulative capacity of 440MW and are at various stages of development.
The battery integrator has already began to draw on the funds as it continues to expand its market presence in the United States and in Australia. Shell Ventures is now a major sonnen investor and and the companies have agreed to future cooperation.
Parent company Daimler will continue to offer batteries for residential applications to selected partners, but no longer under Mercedes Benz Energy. The company plans to align the stationary storage segment with its grid business.
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