The consolidated portfolio comprises 11 companies with a total of 30 PV plants, all operating and connected to the grid for an average of 4 years. Simultaneously to the acquisition, the project companies have repaid existing outstanding bank loans and a new senior loan on the new holding level has been procured with attractive pricing, terms and conditions.
The country has plenty of sun and a great demand for energy - these are the ideal conditions for supplying electricity by means of photovoltaic systems.
By Frank Xie, senior research analyst, IHS Technology
A sports car named "Hanergy Solar R" made its debut as Li Hejun, Board Chairman and CEO of Hanergy Holding Group, drove it around the venue in the spotlight. In his speech, Mr. Li elaborated on the advantages of thin-film solar cells such as light weight and flexibility, enabling the cells to be integrated into a variety of products such as cars, unmanned aerial vehicles, mobiles, backpacks and clothes. The full solar power vehicles making their debut showcase the latest achievements of Hanergy's mobile energy strategy, he said.
Pearlstone Energy to provide smart grid programme across Honeywell facilities to help boost grid stability
Aggregating Energy Reduction Measures for a Number of Honeywell Facilities in the UK to Drive Savings and Help Address Clean Energy Goals
SEIA/CCSA Release First-Of-Its-Kind Residential Consumer Guide to Community Solar
The integration of the sonnenBatterie with the Symphony by EnbalaTM distributed energy aggregation and control platform, provides utilities and their customers with a robust, all-in-one solution for using energy storage to balance distributed renewable and traditional generation on the utility grid.
The digitalization of the energy sector is the next major milestone on the road to a global energy transition. The primary aim is to effectively integrate renewable energies into the grid in order to match supply and demand in an intelligent way. Intersolar Europe, the world's leading exhibition for the solar industry and its partners, and ees Europe 2016, the continent's largest exhibition for batteries and energy storage systems, were dedicated to this new energy world.
• IRENA expects PV capacity between 1,760 and 2,500 GW by 2030 • EU PVSEC 2016 with 334 oral and 719 visual presentations again the largest top-level scientific conference in PV • Participants from 73 countries
Powin Energy Receives Patent for Battery Pack Operating System Used in Energy Storage and EV Fast-Charging Stations
Operating system improves safety and functionality while adding visibility into the health of storage systems
Multi-crystalline cell price falls consecutively this week, closing at historical low this week. As the demand freezes in China after the installation rush comes to the end, multi-crystalline solar cell makers have seen sharp order declines from Chinese PV module makers. For most of multi-crystalline cell markers who heavily rely on Chinese orders, they have to offer more competitive price in order to get rid of the excess stockpiles and compete to secure the orders. Moreover, the oversupply situation should worsen as most multi-crystalline cell makers still maintain at full productions and have no intention on curtailing production.
POWER-GEN Europe and Renewable Energy World Europe welcomes largest footfall in four years
Following is a comment by Tom Kimbis, acting president of the Solar Energy Industries Association (SEIA) on the agreement by the United States, Mexico and Canada to reduce greenhouse gas emissions by relying on clean energy sources for 50 percent of electricity generation by 2025:
Following is a comment by Christopher Mansour, vice president of federal affairs at the Solar Energy Industries Association (SEIA), on the need to maintain the pro-solar provisions of the Public Utility Regulatory Policies Act (PURPA).
New SolarWorld video highlights U.S. installers' passion about SolarWorld brand
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Each pre-bundled package is designed to make solar plus energy storage easy. By combining OutBack's most popular FLEXpower pre-wired systems with matched OutBack energy storage, SystemEdge takes the guesswork out of installing solar plus storage. Every SystemEdge package includes a FLEXpower factory pre-wired system, application-specific EnergyCell batteries and racking, FLEXware ICS Plus combiner and all the necessary connection hardware.