In little more than a decade, Citi says electricity utilities in developed countries could lose half their market to solar, storage, and other local generation, and energy efficiency. Even conventional centralised generation may account for as little as 20 per cent of demand as renewables and smart technology take over.
Tesla may be working on a different kind hybrid battery pack that could extend the range of cars like the Tesla Model S by up to 40%.
Commercial PV storage to become the largest player in the market, with projections suggesting it will grow by a factor of 700 by 2017.
China lifts its 2015 solar PV target again, California signs on for first large solar thermal with storage plant, Yingli reports rebound in margins, solar PV funding goes mainstream.