SolarCity collaborates with PG&E on distributed energy project
The U.S. residential PV installer will work with the Pacific Gas and Electric Company in San Jose, California, to test the efficacy of coordinated solar smart inverters and storage for enhanced grid stability.
US: Commercial storage to be economically attractive in 19 states by 2021, finds GTM report
Financially viable in just a handful of states today, commercial storage will make economic sense across 19 states by 2021 as battery costs fall, finds a GTM Research report.
Storage ITC bill introduced in US congress
Introduced in the U.S. House and the U.S. Senate, the new Energy Storage Tax Incentive and Deployment Act could do for residential and commercial storage what the previous tax credit did for solar.
Trina Solar and Asia Clean Capital to build over 300 MW of PV in China
Trina Solar and rooftop PV developer Asia Clean Capital (ACC) have agreed to jointly build more than 300MW of solar capacity in China over the next three years. Under the terms of their cooperation agreement, Hong Kong-based ACC will build the projects and provide financing.
Toshiba to supply battery control systems for Japan's "virtual power plant"
Toshiba has agreed to supply Integrated control systems for 10kWh storage batteries that will be used in a virtual power plant pilot project in Japan.
Australia receives proposals for energy storage auction
The government of the Australian Capital Territory has received 17 proposals for its Next Generation energy storage auction, under which as much as AUD$2 million ($1.5 million) will be allocated and shared between five companies to install PV solar storage solutions in Canberra.
Duke Energy backs $225 million in C&I solar projects
The funding is part of an expansion of C&I developer REC Solars channel partner program.
Australia to break through 5GW rooftop solar mark in July
The amount of rooftop solar installed across Australia is expected to break through the 5GW mark in July, reaching a remarkable milestone in a sector that was virtually non-existent in 2009.
EBRD injects funding into Turkey’s renewables
The European Bank for Reconstruction and Development (EBRD) is injecting USD110 million in new funds to Akbank, one of Turkey’s largest banks, to finance private companies investing in renewable energy and energy efficiency projects in Turkey, including solar PV projects.
Canadian Solar secures financing for solar projects in Japan
The solar PV giant will receive JPY6.2 billion (USD60 million) from Prudential Capital Group, which will be used to finance over 20 MW of PV projects within the country, as Canadian Solar continues to diversify its portfolio.
