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PV pricing to drop another 3 – 12 percent in 2014 October 20, 2014 Distributed solar photovoltaic (PV) system prices dropped by 12 – 19 percent nationwide in 2013, according to the third edition of a jointly written report on PV pricing trends from the Energy Department's (DOE) National Renewable Energy Laboratory (NREL) and Lawrence Berkeley National Laboratory (LBNL). In addition, 2014 prices are expected to drop another 3 – 12 percent, depending on system location and market segment. Industry analysts expect this trend to continue over the next couple of years, keeping the nation on track to meet the DOE SunShot [...]
Thu, Oct 23, 2014, Continue reading at the source
Ideal Power Inc. (NASDAQ: IPWR), a developer of a disruptive power conversion technology, announced today that it has received multiple new purchase orders for over 3.5 Megawatts of its 30kW battery converter products. Orders were received from two market leaders in the energy storage system (ESS) industry and are for delivery between October 2014 and early 2015. The orders are for the Company's 30kW battery converters that will be incorporated into energy storage systems targeting retail demand charge reduction in California and several other states. Demand charges can be up to 50% of a commercial customer's total energy bill. The typical [...]
Wed, Oct 22, 2014, Continue reading at the source
Enphase Energy, Inc. (NASDAQ:ENPH), announced today its Enphase AC Battery, an advanced energy storage solution with a modular, plug-and-play storage device fully integrated with the just-introduced Enphase Energy Management System. Based on a distributed architecture, the AC Battery is a safe, reliable and easy-to-install storage solution, designed for residential and commercial applications. The modular battery provides system owners with the ability to store solar energy for nighttime or future use, optimizing solar power consumption and giving owners greater energy independence. “Storage is going to be a multi-billion dollar market and will be essential in helping solar gain broader acceptance and higher [...]
Wed, Oct 22, 2014, Continue reading at the source