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Canadian Solar secures 92 MW PV project financing from Prudential Capital Group and U.S. Bank

Canadian Solar Inc. (Guelph, Ontario) on April 25th, 2017 announced that it has secured financing for its 92 MW IS-42 solar photovoltaic (PV) project near Fayetteville, North Carolina. The financing is in the form of a debt facility with Prudential Capital Group and a tax equity investment commitment from U.S. Bancorp Community Development Corporation (USBCDC).

Smart integration of renewables: Energy Lab 2.0 demonstrates how a successful global energy transition is possible at Intersolar Europe

Renewable energies are taking the world by storm. As a result, decentralized energy generation and above all the smart integration and management of renewable sources of energy are becoming increasingly important. Intersolar Europe is taking up this topic at the Smart Renewable Energy special exhibit and collaborating with three Helmholtz Association centers to demonstrate what the energy supply of the future could look like.

Trina Solar announces 20 MW bifacial PV module order

Trina Solar Limited (Changzhou, China) on April 25th, 2017 announced a 20 MW PV module supply contract for its newly launched product DUOMAX twin, a bifacial module built with PERC and dual glass technology.

PV production equipment: Amtech announces follow-on order for bi-facial N-type technology turnkey line

Amtech Systems, Inc. (Tempe, AZ, US), a global supplier of production equipment and related supplies for the solar, semiconductor, and LED markets, on April 25th, 2017 announced its solar subsidiary, Tempress Systems, received a follow-on order for the second phase of a multi phase 1 GW project, in addition to the order for the first phase announced in January 2017.

IEA PVPS: At least 303 GW of solar PV are now installed world-wide

The International Energy Agency's Photovoltaic Power System Programme (IEA PVPS, Paris, France) published its new Snapshot report on Tuesday, April 18th, 2017. This serves as a preliminary assessment prior to the PVPS Trends Report that will be published in Q3 2017. This report provides estimated data about photovoltaic (PV) capacity in the countries reporting to the IEA PVPS Programme and additional key markets. At least 303 GW of PV are now installed worldwide, while in 2016, 75 GW of PV were installed globally.

Mercom Capital Group: Battery storage VC funding decreased in Q1, 2017

Mercom Capital Group, llc (Austin, TX, U.S.) on April 24th, 2017 released its report on funding and mergers and acquisitions (M&A) activity for the Battery Storage, Smart Grid, and Energy Efficiency sectors for the first quarter of 2017. VC funding for Battery Storage companies came to USD 58 million in eight deals this quarter compared to USD 156 million in nine deals in Q4, 2016. YoY funding in Q1 2016 was lower with USD 54 million raised in 10 deals.

Sungrow unveils turnkey energy storage system for the North America market

Solar PV inverter manufacturer Sungrow Power Supply Co., Ltd. (Hefei, China) unveiled a new turnkey energy storage system solution at the Energy Storage Association's 27th Annual Conference and Expo in Denver, Colorado. The 250 kW/24 hours turnkey solution, released during the annual ESA show, is specifically designed for C&I projects in North America, consisting of storage inverters, batteries, and BMS & EMS software.

ENGIE supplies solar power to the City of Houston through a new 50 MW PV plant

The City of Houston and ENGIE (Paris, France) on April 21st, 2017 announced that ENGIE’s 50 MW SolaireHolman photovoltaic (PV) plant is now on line, operational, and capable of providing up to 10.5% of the City’s electricity needs with clean, affordable solar power for the next 20 years under a power purchase agreement.

10 companies chosen as 2017 New Energy Pioneers at tenth annual Bloomberg New Energy Finance Summit in New York City

Bloomberg New Energy Finance (BNEF) on April 24th, 2017 will announce its selection of the 2017 New Energy Pioneers – game-changing innovators that are revolutionizing the energy sector. The diverse group (listed in full below) is active in many different parts of the energy system, responding to market gaps and new opportunities in areas such as data, storage, digitalization, heating, advanced transport and energy access.

SunPower to supply equipment solutions to global solar PV plant market through new business unit

SunPower Corp. (San Joise, CA, U.S) on April 24th, 2017 announced that it now offers the fully-integrated “Oasis” solar power plant platform directly to solar PV plant developers and engineering, procurement and construction (EPC) providers through a newly formed SunPower Solutions business unit.
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