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Markets & Policy

IEA set to raise solar forecast

The International Energy Agency (IEA) is due to release its annual report in a couple of weeks, and the agency has said that it will be “significantly” raising its outlook for solar and wind installations, as more countries have been adopting climate change policies.

Sonnen receives further $85 million investment

The German company announced that it has secured USD 85 million in growth capital, some of which came from two new partners, which will help the company consolidate its healthy position further in the booming energy storage market.

New York makes $10 million available for clean tech incubators

This adds to the $14 million the state has supplied to incubators since 2009, assisting 146 companies.

Maryland launches review of electric-distribution systems

The Public Service Commission wants to figure out how to integrate distributed-energy resources into the grid in a way that keeps electricity distribution affordable, reliable and sustainable for the citizens of its state.

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Xcel to add 1.4 GW of solar PV in Minnesota by 2030

Regulators have approved the utility’s long-term plan, under which Xcel expects to buy power from around 650 MW of community solar by 2021.

From the editor: State policy matters

As the first in a new series of weekly editorials, pv magazine Americas Editor Christian Roselund highlights some of the current battles that are taking place at the state level.

U.S. Navy, California Energy Commission partner on renewable energy

The partnership includes three new solar and battery storage projects and comes a day before the dedication of a 150 MW-AC solar project which serves 14 Navy and Marine Corps bases.

Landmark buys 4,000 acres under solar PV projects in California

Under the terms of the agreement, expected to close in the fourth quarter, Recurrent Energy will lease the land from Landmark for four utility-scale solar PV projects.

SEC investigates SunEdison

A subpoena from the federal financial regulator adds to an ongoing Department of Justice investigation in the list of the company’s legal troubles.

AutoGrid and sonnen to foster energy storage adoption

A new cooperative integration of AutoGrid Flex energy management with sonnenBatterie energy storage systems will enables energy project developers to better monetize the flexible capacity of distributed energy resources.

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