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Markets & Policy

Minnesota Power to solicit 300 MW of utility-scale solar generation

The Minnesota utility says that it will issue an RFP in coming weeks, to meet its obligations under Minnesota’s renewable energy policy.

IHS: Grid-tied storage to double in 2016, to emulate growth of solar

Industry analysts IHS Markit expect the grid-tied energy storage market to double in 2016, from 1.4 GWh to 2.9 GWh. IHS expects on-grid storage capacity to reach 21 GWh by 2025.

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Ygrene expands its presence in Florida’s PACE market

The renewables and energy efficiency financing provider has been chosen as the financing provider for two more cities and a county in the Sunshine State.

TerraForm Power reveals preliminary 2015, Q1 2016 results

The yieldco’s most recent financial data shows continued losses despite a slowing of project acquisitions in Q1.

SunPower settles Philippines wafer dispute for $50.5 million

In an SEC filing, the PV maker revealed that it has settled a monocrystalline wafer supply dispute with a Philippines subcontractor for a sum of $50.5 million.

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SolarWorld to appeal court ruling in $793 million dispute

A U.S. court has granted Hemlock’s hefty claim against the leading solar PV company, which remains confident that enforcement of the lawusuit will fail in Germany.

Hemlock claims $793.5 million in damages from SolarWorld

SolarWorld could face bankruptcy as a result of its polysilicon supply dispute with Hemlock. The U.S. polysilicon supplier is claiming up to $793.5 million in damages, in court documents acquired by Reuters today.

Washington D.C. raises renewable energy mandate to 50% by 2032 with 5% solar carve-out

The nation’s capital now has the fifth-most-aggressive RPS policy in the nation. As part of the new program the city plans to provide access to solar PV for 100,000 low-income households.

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Soligent partners with CleanFund to offer PACE financing for C&I solar

CleanFund’s SolarPACE program offers loans with up to 30-year terms, and can enable business owners to use the federal ITC to help pay off loans.

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TerraForm adopts shareholder rights plan as Brookfield & Appaloosa attempt takeover

The yieldco’s “poison pill” was created to prevent sale of more than 15% of the company’s class A stock and to keep bidders from blocking the sale of the company.

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