Power & Energy Solutions

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Photon Energy broke ground on eight solar PV projects with a total capacity of 5.5 MWp in Almásfüzitő, Hungary The construction costs will be approximately EUR 6.1 million and the completed plants are projected to annually generate 6.6 GWh of electricity Amsterdam, 5 November, 2018 – Photon Energy (WSE: PEN, the 'Group') announces that its subsidiary Photon Energy Solutions HU Kft started construction as EPC contractor on eight photovoltaic power plants with a total capacity of 5.5 MWp in Almásfüzitő, Hungary. The eight solar facilities of 498 kW each will be installed in the vicinity of the Hungarian village Almásfüzitő located some 75km northwest of Budapest near the Slovak border. Covering an area of 6.96 hectares, the power plants will be composed of almost 20,000 Jinko modules that are designed to generate around 6.6 GWh of electricity per year. Subject to weather conditions, the power plants are expected to be connected to the grid of E.ON Észak-dunántúli Áramhálózati Zrt before the end of the year. Photon Energy will deliver the engineering, procurement and construction services through its subsidiary Photon Energy Solutions HU Kft. Once connected to the grid, the group’s subsidiary Photon Energy Operations HU Kft will provide long-term monitoring as well

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FREMONT, Calif. — November 1, 2018. SolarEdge Technologies, Inc. (Nasdaq: SEDG), a global leader in smart energy technology, today announced its financial results for the third quarter ended September 30, 2018. Third Quarter 2018 Highlights  Record revenues of $236.6 million, up 42% year-over-year GAAP net income of $45.6 million GAAP net diluted EPS of $0.95 Non-GAAP net diluted EPS of $0.86 1,083 Megawatts (AC) of inverters shipped “This quarter we continued to grow our revenues and market share,” said Guy Sella, Founder, Chairman and CEO of SolarEdge. “We shipped 1.1GW of systems and delivered over three million power optimizers, with record high shipments of commercial products.” “While continuing to expand our existing business, we closed the asset acquisition of a new UPS division, Gamatronic. In the first weeks of October, we also signed and closed the Kokam acquisition which will expand our smart energy offerings, adding proven battery storage options to our product portfolio. These acquisitions will take us a further step toward offering full solutions that are more comprehensive, smarter and beneficial.” Third Quarter 2018 Summary The Company reported record revenues of $236.6 million, up 4% from $227.1 million in the prior quarter and up 42% from $166.6 million year over year. GAAP gross margin

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Tesvolt delivers 4-megawatt high-voltage storage system to a solar park in West Sussex West Sussex, 31 October 2018 — The first municipal battery storage system project in the UK has been installed in the county of West Sussex. The solar farm has a 7.4-megawatt (MW) output and stabilizes the power grid together with a 4.4-MW lithium storage system from German manufacturer Tesvolt. Thanks to the high-voltage storage system, the local government earns additional money with grid services. Thus, the system runs completely free of subsidies. It was commissioned mid of October at a 35-hectare former landfill site in Westhampnett and the test runs have finished successfully. The project will bring in considerable income for the local government over the next 25 years. Press photos are available here: https://www.tesvolt.com/en/presse/first-municipal-storage-system-project-in-the-uk__prr30.html Highest storage system service life for a long-term rate of return Louise Goldsmith, county council Leader, said: “I am delighted to see the completion of Westhampnett solar farm. Living in the sunniest county, it makes absolute sense for us to use our natural resources and to generate clean energy that can be fed in to the local electricity grid. As one of the first solar farms to be built with battery storage and free from government

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The off-grid solar module manufacturer OPES Solutions expects that the Internet of Things (IoT) boom will significantly increase the demand for small photovoltaic modules. The background is the ever-lower energy consumption of modern data technology and the falling costs of solar modules. The combination of both developments already makes the power supply of small decentralized devices and sensors through photovoltaics particularly economical today. Even if a power grid is available, in many cases solar energy can be cheaper than a grid connection. Pictures of off-grid modules: https://goo.gl/dLq9Mz "The world is becoming increasingly connected, and cheap energy is needed wherever devices communicate with each other as for instance in Smart Cities. In the last 6 months we received more enquiries for IoT concepts that use photovoltaics as an economic energy source than in the complete  previous year", said OPES Solutions CEO Robert Händel in a presentation at PV Days Conference at Fraunhofer Institute in Halle, Germany. He expects the Smart City market, which will rely to some extend on solar power, to reach 5.6 Billion USD in 2022. Examples of PV applications with IoT functions are sensors for buildings such as bridges, GPS tracking modules or solar street lamps with traffic sensors. In addition

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The collaboration builds on the successful partnership between both companies and their joint commitment to advance the use of highly efficient renewable energy solutions Shenzhen, October 30th, 2018 – BYD Co. Ltd., one of the world’s largest manufacturer of rechargeable batteries, and SMA Solar Technology AG, a leading global specialist in photovoltaic system technology, announce a strategic global partnership. Both companies have collaborated very successfully in the European market and APAC region and will now expand the partnership to jointly address additional markets with a high growth potential such as the US and African markets. The new strategic partnership was sealed at BYD’s HQ in Pingshan, Shenzhen, China on October 23rd. According to SEIA’s September report the U.S. installed 2.3 gigawatts (GW) of solar PV capacity in Q2 2018 to reach 58.3 gigawatts (GW) of total installed capacity, enough to power 11 million American homes. Total installed U.S. PV capacity is expected to more than double over the next five years, and by 2023, over 14 GW of PV capacity will be installed annually. “This is a huge market potential which we’d like to address together with a trusted partner like SMA to offer customers end-to-end solutions for all their energy storage demands”,

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Dresden, 30 October, 2018 – The German Design Council (Rat für Formgebung)  has awarded SOLARWATT the 2019 German Design Award for its EasyIn in-roof solar panel. The glass-glass panel, which can replace normal roof tiles, was awarded in the "Excellent Product Design" category. "As a premium manufacturer, we want to offer our customers superior design in addition to technically mature products. More and more homeowners want something special and place increasing value on aesthetics," says SOLARWATT CEO, Detlef Neuhaus. The roof-integrated EasyIn solar panel convinced the jury not only with its design but also with the special cost-saving benefit for customers. For anyone planning a new house or tackling a roof renovation, EasyIn is a cost-saving alternative to an on-roof installation. The panels are mounted directly on the roof battens and replace conventional roofing tiles. This means fewer roof tiles need to be purchased overall . "Our in-roof panels are not only attractive, they are also extremely durable and reliably generate clean solar power for decades. If you can protect your wallet and the environment at the same time – so much the better!" says Neuhaus. The solar roof tiles, the size of a standard solar panel, have been in production since

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Frankfurt am Main/Cölbe, 30 October 2018 — The wholesaler Wagner Solar has entered into a strategic partnership with LONGi Solar, the world’s largest manufacturer of monocrystalline solar modules. LONGi’s mono PERC modules are now available from Wagner Solar. The portfolio also includes bifacial modules, half-cell modules and next-generation mono PERC modules using other highly efficient technologies. Press photos are available here: https://sunbeam-communications.com/press-photos-wagner-solar-adds-longi-solar-modules-to-its-portfolio/ Specialist in highly efficient technology “Collaborating with LONGi Solar, the market leader in monocrystalline PERC technology, is the perfect way to round off our product portfolio in this incredibly important area,” says Wilfried Renker, Head of Sales at Wagner Solar. “We are thoroughly impressed by LONGi Solar’s profile as a vertically integrated manufacturer which has developed the most efficient mono PERC module to date, achieving a yield of 20.66 percent, and has invested more in research and development than any other PV manufacturer.” In the first half of 2018, the company’s investments in R&D totalled 105 million dollars, or 7.18 percent of its turnover.  From single family homes to large-scale PV facilities Gerald Müller, Vice President of Sales for Europe at LONGi Solar, said: “Working with the specialist wholesaler Wagner Solar and its network of expert partners will strengthen our position in important market areas

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SCHMID Group, SABIC and RIWAQ announced their collaboration at the Future Investment Initiative (FII) Forum to set up joint ventures in the fields of Energy Storage and Advanced Silicon Material. At the Future Investment Initiative (FII) forum in Riyadh, SCHMID Group, Saudi Basic Industries Corporation (SABIC) and RIWAQ announced their collaboration for establishing a KSA based joint venture with the support of SABIC NATIONAL initiative “Nusaned” focusing on manufacturing and technology development in the fields of advanced silicon material and large scale energy storage solutions utilizing SCHMID’s redox flow technology, for which today the companies have signed a Memorandum of Understanding (MOU). With an estimated total investment of more than 430 million USD, the joint venture mission is fully aligned with KSA’s Vision “2030” and National Industrial Strategy to develop value chain silicon and high-tech industries in the Kingdom. Christian Schmid, President and CEO of the SCHMID Group, said: “Saudi Arabia’s strategic vision to enable establishment of a globally leading local industry focusing on future oriented segments provides an excellent growth platform for technology oriented companies. SCHMID is proud to have the opportunity of partnering with a KSA based global leader like SABIC. We are confident that the possibilities enabled with this partnership

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The Fraunhofer Institute for Solar Energy Systems ISE and Heraeus are researching and optimizing novel, selectively coated cell connectors in a joint research project. The Selectively Coated Ribbon (SCRTM) cell connector achieves an average gain of 1.9 W in conventional 60-cell solar modules. The connector can be used in industrial PV module manufacturing without system modification and at no extra cost. Fraunhofer ISE has successfully tested modules with the SCR connector in its accredited TestLab PV Modules. Heraeus and Ulbrich developed a process for the production of the efficient cell connector and presented the new product to the professional audience in September 2018 at the EU PVSEC in Brussels. Crystalline silicon solar cells are usually interconnected by solder-coated copper connectors. These connectors are soldered to the front and backside metallization and conduct the electric current. While conventional cell connectors cannot harness incident light, the coated edges of the SCRTM connector reflect the light indirectly onto the cell surface, thereby providing increased performance. The effect works independently of the angle of incidence. Dr. Markus König, project manager of the publicly funded project for the development of SCRTM cell connector at Heraeus confirms: "Our project partner Fraunhofer ISE successfully supported the most important

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Australian renewable energy company Renew Estate has been granted planning approval to build Bomen Solar Farm, a 120-megawatt (MW) project near the Bomen Business Park, approximately 7km northeast of the Wagga Wagga Central Business District.  The approved project includes a 40MWh battery storage system. When built, Bomen Solar Farm will provide enough renewable energy to power the equivalent of approximately 36,000 homes with clean, green energy.  The project will utilise tracking photovoltaic (PV) systems which will increase the energy generation at the start and end of each day when energy demand is high.  Construction of the project is expected to commence shortly, and the project is scheduled to be fully operational by Q4 2019. Director Simon Currie said: “All elements needed for development such as connection, procurement, offtake and financing are well advanced, and we will proceed with construction of this project shortly. We believe that the Bomen Solar Farm project will play an important role in the development and expansion of the Bomen Business Park”. He added “The recent announcement about the partnership between the Wagga Wagga City Council and Visy to build the Riverina Intermodal Freight and Logistics Hub is very exciting and we are committed to the continuing expansion of

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