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SkyPower Secures 200MW Projects In Rapidly Growing Indian Solar Energy Sector

The Agreement consolidates SkyPower’s advance in India, one of the fastest growing solar markets in the world. Over recent months, it has secured 400MW of Solar PV projects around India, positioning it strongly to capitalise on the most significant international opportunity at present; that of the Government of India’s 100GW solar target for 2022. Kerry Adler, SkyPower’s CEO, stated, “SkyPower is committed to making a powerful contribution to India’s goal of generating 100 GW of solar power by 2022, while the people of Telangana will benefit from clean, reliable and affordable energy”.

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Schneider Electric And REC Solar Showcase Microgrid Energy Management Solutions

The market leader wants to create a ‘living laboratory’ at it’s North American R&D hub “to drive global innovation in efficiency and energy management solutions”. The microgrid will be deployed via a new business model that does not require any capital investment by Schneider Electric. It’s expected to begin generating 560,000 Kwh per year of electricity by Autumn 2016. Beyond saving the company nearly 5 percent on electricity costs at the site in its first year, the Microgrid will offer power resiliency in the event of a power loss from the local utility.

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California’s Electric Vehicles and Support Infrastructure To Increase Rapidly

San Diego Gas & Electric’s (SDG&E) will install charging stations at up to 350 businesses and communities in the region, with 10 chargers at each location for a total of 3,500 separate chargers. It will install at least 10 percent of the chargers in disadvantaged communities. The project overcomes many obstacles to EV growth and reassures local EV drivers that they’ll have a place to charge their vehicles. With SDG&E’s energy portfolio being made up of 33% percent renewable energy and zero coal, drivers will be plugging into one of the cleanest electric grids in the country.

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FPL Installs One Million Solar Panels Tripling Solar Capacity

Three new large, community-scale plants are expected to begin producing affordable, clean energy by the end of 2016 and will triple the company’s current solar capacity for it’s nearly 5 million customers. “This is a big step forward for our state and for the future of renewable energy in Florida,” said Eric Draper, executive director of Audubon Florida. “FPL’s three solar plants help reduce the use of fossil fuels, prevent the emission of thousands of tons of carbon each year and save millions of gallons of water.”

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Rooftop Solar Revolution? Giga Solar Announces Successful Test Results

The results are from a groundbreaking project aiming to develop a suite of technologies that make the process of buying, installing, and connecting rooftop solar energy systems faster, easier, safer, and less expensive. The high-efficiency, crystalline-silicon, lightweight modules enable innovative, low-cost rooftop mounting methods. As they are glass-free and frameless, they can be flush-mounted directly onto the roof, avoiding the need for racking hardware, eliminating roof penetrations, and shortening the installation time. These benefits all contribute to lowering the cost of solar electricity. In addition to these benefits, the reduced module weight decreases transportation costs and improves ease of handling. The implications are highly significant in both developed and early stage markets – worldwide.

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First Reserve Acquires Mariah North Wind In First Phase Of 600MW Development

One of the largest global private equity and infrastructure investment firms, First Reserve is strongly advancing it’s interests in the clean energy sectors, with this being the first of future wind and solar phases of the $1 billion Mariah Renewable Energy Center. The project will also construct and own a 27 mile, 345 kV transmission line to interconnect with the ERCOT CREZ system and is expected to be operational by the end of 2016. Partners in the project include HSBC, Citigroup and General Electric.

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H2O Power Surges With Acquisition of 31MW Hydroelectric Facilities In PJM Market

The Allegheny 8 & 9 facilities have a 31.5MW capacity located on the Allegheny River in Armstrong and Indian Counties, Pennsylvania, within the Pennsylvania-Jersey-Maryland known (PJM) Interconnection. The assets are interconnected into the New York Independent System Operator in the PJM Interconnection Power Market. The capacity and energy generated by the Allegheny 8 & 9 facilities are sold to New York State Electric & Gas Corporation under a long-term power purchase agreement.

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Invenergy Announces 120 MW Wind Power Agreement with 3M

Leading renewable energy producer Invenergy has announced a partnership with 3M to reduce emissions through wind power, increasing it’s corporate off-site renewable energy procurement activities. The sector has nearly tripled from 2014 to 2015 with more than 3,400MW announced. Together with a other Purchase Agreements (PPA) announced with Google and other Fortune 500 companies, this brings Invenergy’s total corporate customer renewable energy portfolio to 570MW. 2016 is expected to be another strong year for clean energy corporate power procurement.

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The State Of Play For Renewables In Central America (Infographic)

The renewables market in Central America is moving incredibly fast, with governments helping to create the right conditions for success: auctions in place, incentives and plans for distributed generation. But are the conditions for success really there and what is putting roadblocks to rapid expansion? How can the region fulfill its massive potential?

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Cerberus Increases Renewable Energy Investments With 650MW Renovalia Acquisition

Cerberus has completed the acquisition of Spanish renewable energy company Renovalia Energy S.A. from affiliates of the Ortega Family and IDM Ortemar. This transaction gives Cerberus 100% control of Renovalia. Renovalia operates in six countries and has more than 650 megawatts of power generation under management along with a global development pipeline of wind farms and solar PV plants. The acquisition adds further clean energy assets to the total of US $28 billion currently under management.

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