Siemens wants to take over Kaco
After announcing its entry into residential storage a week ago, the Munich-based multinational has now unveiled a plan to acquire inverter manufacturer Kaco. Siemens has not provided details about the value of the transaction.
Schneider Electric pulls out of the utility-scale PV business
The French inverter maker is pulling out of the utility-scale segment to strengthen its profile in the residential and C&I space.
Shell moves to acquire Sonnen
In May, oil giant Shell invested in battery maker sonnen. Now the 112-year-old company wants to fully acquire the business.
Cypress Creek to sell 580 MW of projects to British infrastructure company
The five solar projects that are being sold are located in North Carolina, South Carolina and Texas. All five are expected online by the end of 2020.
#Solar100’s Jenny Chase: Speaker of unpopular solar opinions
In this #Solar100 interview, Richard Matsui, Founder and CEO of kWh Analytics, speaks with Jenny Chase, veteran solar analyst at Bloomberg New Energy Finance.
PVEL splits from DNV GL
The testing lab is on its own again after a management buyout, and Jenya Meydbray is returning as CEO. PVEL will still collaborate with DNV GL on its annual module scorecard.
Researchers hit new organic PV record
A team of scientists at Germany’s Friedrich-Alexander Universität Erlangen Nürnberg has set an efficiency record of 12.25% for a non-fullerene based organic solar cell.
Beyond 40% – Fraunhofer ISE hits new module efficiency record
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.
Boom in EVs unlikely to cause lithium shortage
The French Environment & Energy Management Agency has published a report in which analyzes the dynamics of lithium supply and demand in different scenarios of global electrification by 2050. The agency experts are convinced that only with a 75% penetration of electric vehicles there is the real risk of a marked decrease in the safety margin of lithium supply.
SMA, BYD charge into the US market
The German inverter maker has joined forces with the Chinese battery maker after losing U.S. market share to SolarEdge. This follows BYD linking up with Kostal to optimize communication interfaces between inverters and storage applications.
