IHS: Energy storage ‘as-a-service’ crucial to US C&I leaders’ business models

Leaders in the fledgling commercial and industrial (C&I) sector in the US have made energy storage ‘as-a-service’ the core of their proposition, a market analyst has said.

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‘Incredible’ low prices for renewables-plus-storage in Xcel’s solicitation

Median bids received by US utility Xcel Energy in a solicitation for energy resources for energy storage paired with solar came in at US$9 per megawatt lower than the previously observed record.

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NEXTracker CEO Dan Shugar: Energy storage helps solar industry growth to ‘keep going’

Adding energy storage gives solar developers and the industry in general the ability to “keep going”, while offering both lithium and flow battery systems covers a “wide-range of use cases”, NEXTracker CEO Dan Shugar has said.

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Industry reacts positively to New York’s 1,500MW energy storage target

Trade associations NY BEST and the Energy Storage Association have been quick to applaud New York Governor Andrew Cuomo’s historic setting of a 1,500MW energy storage procurement target for his state.

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New Florida legislation could make solar-plus-storage the go-to for disaster relief and resiliency

Legislation proposed in Florida could see solar and energy storage become part of the go-to solution for providing energy resiliency against natural disasters and helping restore power in their aftermath.

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Renewables integration, x-plus-storage space could be worth US$23 billion by 2026

While acknowledging that the economics “vary significantly” by region and application, Navigant Research has forecast that energy storage for integration of renewables and co-located with solar or wind could be worth more than US$20 billion by 2026.

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Canadian Solar signs O&M contract with Axium for 105MW PV portfolio in Canada

Canadian Solar has signed an Operations & Maintenance (O&M) agreement with Axium Infinity Solar LP for eight PV projects that have a combined generation capacity of 105.5MW. The firm has also announced commercial operation of a 19.1MW PV project in Japan.

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Intersect Power secures PPA for 150MW PV project in Texas

Utility-scale power company Intersect Power has been awarded a power purchase agreement from Austin Energy for a 150MW PV project in Texas that is expected to reach commercial operation in 2020.

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Acquisition makes Clean Focus largest C&I solar owner in US

Clean Focus Yield Limited and its affiliates have purchased Greenskies Renewable Energy — making Clean Energy the owner and operator of the largest commercial and industrial (C&I) portfolio in the US.

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Austin City Council approves 150MW PV project

The Austin City Council has approved a new agreement with Austin Energy that will see the utility company deliver enough renewable energy to the grid to meet the needs of more than half of its customers by 2020.

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US solar tax credits survive but demand could yet take a hit

The solar investment tax credit (ITC) has survived a major round of tax reform in the US but demand for credits generally could fall.

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