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Foreigners, Locals Coast on China Green Support

A series of new reports is showing how Beijing’s strong support for new energy technologies is benefiting both domestic and foreign companies, as China tries to become a global leader in this emerging area. But the reports also spotlight the dangers that come with such aggressive support, which often leads to abuse of subsidies and other preferential policies that can lead to big waste and market distortions.

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Financing Renewables in Alberta’s Merchant Market

Renewables financing under Alberta’s new procurement program is both an exciting and daunting prospect. Equity and debt providers have traditionally shied away from merchant projects in the renewables sector, but on the whole, are enthusiastic about the market potential in Alberta. With some revenue certainty at the right price range, investors are ready to finance new projects and participate in what’s expected to be Canada’s next renewables frontier.

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Ohio Municipal Utility Gets Serious about Solar and Energy Storage

A 7-MW solar plus energy storage system is now online in Minster, Ohio, the same town in which Dannon the yogurt company has a manufacturing plant.

The 7-MW system was built in conjunction with Half Moon Ventures (HMV) and the local municipal utility, the Village of Minster. A ribbon cutting ceremony took place on May 6.   

 HMV used S&C’s 7-MW PureWave SMS Storage Management System, which provided an integrated storage management and power conversion system for 3 MWh of lithium ion-batteries. The system is tied to HMV’s adjacent 4.2-MW solar plant, allowing Minster to further reduce its peak demand charges in the middle of the day. This solar + storage system is the largest U.S. facility of its kind connected through a municipal utility, according to S&C.

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