Plans by Italy’s grid operator to allow for the interconnection of energy storage to the network have resulted in the country’s first grid-connected solar-smoothing storage facility being inaugurated.
ConEdison Development, a subsidiary of mammoth US utility company ConEdison developing and operating solar and wind power projects, has acquired a 50% stake in a 335MW DC solar farm in California.
ThomasLloyd CTI Asia Holdings, a wholly-owned subsidiary of global investment banking and investment management group ThomasLloyd, has sold the rights to two solar projects on Negros Occidental in the Philippines with a combined capacity of 80MW.
The Mesquite Solar 2 addition is expected to be completed in late 2016, prior to the step-down of the US Investment Tax Credit (ITC) for utility projects from 30% to 10%.
Renewable energy company Coronal Group and Panasonic Eco Solutions have announced a new portfolio of eight PV projects currently under construction in North Carolina.