Vivint Solar has announced that they have entered into their first solar commercial and industrial investment fund to which the investor has committed to invest $150 million, which will allow the company to finance energy efficient commercial and industrial solar projects. This announcement marks the first time that Vivint Solar has expanded its offerings beyond residential solar.- According to the new report, “Small Wind Power Market,” the global small wind power market was valued at $776.8 million in 2014 and is estimated to reach $1,895.0 million by 2019, at a CAGR of 19.5% during the period under consideration. Small wind turbines produce clean energy, emission-free power farms for homes and small businesses. Small wind turbines with capacities less than 100 kW have major applications for off-grid setups such as telecommunication towers and domestic uses finds the report.
- The OXIS Solar Centre for Autonomous Research (OSCAR) has launched Project Helios as a launch-pad for cheaper commercial solar energy right across the world. OSCAR is a specially built demonstration centre that houses OXIS’ entire solar storage technology. The Project Helios demonstration comprises a 3.8 kWp solar PV power generation system which is fully integrated with a 3 kWh OXIS Lithium Sulfur battery. It has 16 PV panels which are connected in series to produce 600V DC and this feeds into the widely used SMA Sunny Boy Inverter to generate a 240V, 50Hz “mains” output. The inverter includes Maximum Power Point Tracking (MPPT) to ensure that the panels operate at maximum efficiency under all conditions of sunlight and temperature.
- NEXTracker, Inc., designer and manufacturer of single axis photovoltaic trackers, announced the completion of tracker commissioning for the SunEdison 82 megawatt Pacifico and Choluteca solar power plants in Honduras.
