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Acquisitions

Fluence acquires Advanced Microgrid Solutions, in bid to help customers monetize storage, renewable assets

“Storage is the first truly digital asset that you can put on the electric network. That means the smarter we are with digital, the better job we can do powering the electric network,” Brett Galura, CTO at Fluence said, declining to disclose the acquisition’s price tag.

Morning Brief: Pennsylvania looks to make community solar legal, Constellation signs 100 MW of supply contracts

Also in the brief: Wyoming regulators are critical of Pacificorp’s transition plan and solar and renewable industry leaders have begun an initiative to increase workforce diversity and inclusion throughout the industry.

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Louisiana’s largest solar project sold, largest rooftop project in the state completed

The two big solar announcements come on the heels of Entergy’s new commitment to achieve “net-zero emissions” by 2050, even though these plans still rely heavily on natural gas generation.

Facebook doubles down on renewable commitment in Utah with 235 MW in solar contracts

Facebook now has contracts for 694 MW of solar power in Utah (63% of the state’s solar generation capacity) in its pursuit of becoming entirely renewably-powered by the end of this year.

8minute Solar Energy inks contract for one of the nation’s largest solar + storage projects

With 400 MW of solar capacity, complimented by 180 MW/540 MWh of energy storage, the Rexford 1 Solar & Storage Center is a development of considerable size. The project now has an energy offtaker, with 8minute signing a 15-year contract with Clean Power Alliance.

Morning brief: FERC greenlights MISO storage-as-transmission plan, Duke moves towards solar, storage in wake of $1.6B pipeline loss

Also in the brief: On climate, Kamala Harris has a record and profile for action, Vermont EPC Peck acquires California solar company Sunworks

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Facebook announced nearly 1 GW in new renewable contracts

As the company races to meet its goal of becoming 100% renewably powered by the end of 2020, Facebook has made another massive investment in clean energy — signing contracts for 806 MW of solar and wind power from projects across Utah, Ohio, Illinois, Tennessee and Ireland.

First Solar sells off its O&M business to NovaSource

Deeming that “the strategic thesis behind O&M has changed,” First Solar has sold off its O&M business to the same private equity firm that SunPower did earlier this year.

Q Cells to acquire energy software startup Geli, expanding its storage capabilities to go after C&I markets

The acquisition is Q Cells’ first energy storage acquisition and marks its move into the U.S. commercial and industrial (C&I) solar-plus-storage market.

Morning Brief: Israel has released a plan to spend $23 billion on solar by 2030, one of the largest battery projects in the world gets approval

Also in the brief: As much as $600 billion could be invested in new solar generation between 2021 and 2025 worldwide, Duke Energy is set to construct the company’s first-ever solar facility on a retired landfill site and more.

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