US regulators open markets to energy storage
As the conclusion of a 15-month rule-making, the Federal Energy Regulatory Commission (FERC) will require grid operators to value the contributions of energy storage, and begins a process to look at how aggregated distributed energy resources can compete in wholesale markets.
APS, First Solar to install Arizona’s largest battery system
The Arizona-based module manufacturer will install a 50 MW battery system charged by a 65 MW solar farm under a 15-year power contract with the U.S. state’s largest utility.
First Solar nails $63 million loan from Mizuho Bank
The U.S. based module supplier has secured a JPY 7 billion ($63.4 million) syndicated development loan facility for undisclosed utility-scale solar projects in Japan.
