The Sino-Canadian solar manufacturer has moved to settle a ten-year-old case in which it was accused of breaching generally accepted accounting principles in its 2009 figures. The company has indicated the settlement, which is yet to be approved, is not an indication of guilt.
Grid expert Andrea Mansoldo tells pv magazine how energy markets based on solar and storage are feasible as an alternative to costly grid infrastructure work. He says around 6 GWh of battery capacity may be a good alternative to building 1000km of power line or an AC 750 kV high-voltage line.
Ontario’s Independent Electricity System Operator will implement a pilot project for a future electricity market based on PV, storage and smart power consumption. The utility says the project will be a cheaper, more efficient alternative to expanding grid infrastructure.
The Independent Electricity System Operator (IESO) in the Canadian province of Ontario has revealed plans to launch annual capacity auctions in a bid to reduce electricity costs for households.
Canadian Solar has been acquiring utility-scale projects and signing module supply and EPC deals at a rapid pace in recent months. Shawn Qu, Canadian Solar’s founder and CEO, would prefer the market to continue at a stable level, rather than boom and bust. And he argues that the dual role of module maker and developer delivers valuable insights into pricing and technology trends — giving the company an advantage over rivals.
PUC Distribution contracted Fluence to install energy management and storage systems that would allow business in a city in Ontario to reduce high peak-load charges. It is hoped this will reduce costs and help Canada hit its strict carbon emissions mandate.
The decision was taken by the incoming Ontario premier, Doug Ford. The US$70 million scheme had been conceived to support residential and commercial solar-plus-storage solutions installed under net metering.
Under the GreenON’s Solar Rebates Program, homeowners will be able to install solar-plus-storage systems with a capacity of up to 10 kW, while businesses will be entitled to deploy up to 500 kW of rooftop PV capacity.
The partnership between OPG and the Six Nations of the Grand River development Corporation is set to deliver 44 MW of solar energy when the plant is finished in 2019.
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