August 19th, 2016
This week’s TOP 5 includes 37,5MW/150MWh to be built by AES for PG&E and a 20MW/80MWh project for AltaGas awarded by SCE in California, $100million in financing from Starwood for Stem, a possible collaboration between SMA and Volkswagen on energy storage and some debate in the UK about the construction of the Hinckley Point nuclear power plant.
Foreword: One of our customers, an EMS developer, is looking to hire a business development manager in Europe. Write us for more info.
- AES has been awarded the construction of two utility-owned projects, for a total of 37,5MW/150MWh, under the 2016 Preferred Resource Local Capacity Requirement (LCR) issued by SDG&E in May.
- AltaGas has been awarded a 20MW/80MWh project by SCE in California. Greensmith has been selected to be the integrator and software provider, and the project is expected to come online before the end of the year.
- « Stem added $100 million in new financing from energy infrastructure investor Starwood Energy Group. Stem’s project financing resources now top $350 million.
- Volkswagen has entered into early stage talks with SMA Solar about a potential energy storage business collaboration.
- Following the UK prime minister decision to delay the final decision regarding the construction of the Hinckley Point nuclear facility, debate is raging on whether this facility could be replaced by renewables and storage at a lower cost.