Direct Energy and SolarCity have undertaken a broad agreement to provide solar electricity directly to businesses. The two companies have created a dedicated investment fund capable of financing up to $124 million in solar projects for Direct Energy’s commercial and industrial (C&I) customers, which is partially funded with up to $50 million from Direct Energy. Through the arrangement, eligible Direct Energy C&I customers will be able to utilize solar power with little or no upfront cost. Customers will be given a choice to pre-pay for their solar electricity or pay a monthly payment, with installation, insurance, repairs and monitoring service included.- Solectria Renewables, LLC, has announced that its SGI 500XT’s, 500kW external transformer inverters, have been chosen by Argand Energy Solutions, LLC to power the 2.3MW Franklin County Solar Farm in Louisburg, North Carolina. Argand Energy Solutions began construction on the 12-acre site in June and will be completed by October generating enough electricity to power 352 homes annually. The power produced from this site will be sold to Duke Energy under a 15-year agreement.
- AMSC, a global solutions provider serving wind and power grid industry leaders, has announced that Consolidated Power Projects (CONCO), South Africa’s largest high voltage construction company, has selected AMSC’s D-VAR STATCOM solution to connect South Africa’s largest wind farm to the electricity grid. This is AMSC’s first D-VAR STATCOM sale to South Africa. The system will be commissioned in the first half of 2014.
- Researchmoz has released a new report, “Global Waste to Energy Technologies Market 2012-2016“. The report primarily focuses on quantitative market metrics in order to characterize the growth and evolution of the Waste to Energy Technologies Market. The report was prepared based on an in-depth market analysis with inputs from industry experts, and covers the Americas, and the EMEA and APAC regions.
