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This week the parent company of Recurrent Energy, Canadian Solar, said that Recurrent had signed a build-transfer agreement (BTA) for a base purchase price of approximately $138.4 million with Entergy Mississippi for a 100-MWac solar PV project in Sunflower County, Mississippi. Source: Renewable Energy

Included in the acquisition is Sharp’s Energy Systems and Services business, as well as the SmartStorage behind-the-meter energy storage system. Source: Renewable Energy

As the fourth largest source of power in North America, wind energy continues to be an essential part of the renewable energy story. The U.S. Department of Energy’s Wind Vision report expects wind energy to supply 10 percent of the United States power needs by 2020, 20 percent by 2030 and 35 percent by 2050.…

The latest company born out of General Electric Co. expects sales of its industrial engines fired by natural gas to benefit from the spread of renewables such as solar and wind. Source: Renewable Energy

The company responsible for the technology that allows solar arrays to float on water and produce energy, Ciel & Tierre, announced that it has completed two new projects in the United State and that it has a pipeline of many more to come. Source: Renewable Energy

China’s proposal to increase its solar energy target to as much as 270 gigawatts by 2020 won’t be enough to erase the worldwide panel glut that’s crippling prices, according to analysts at Credit Suisse Group AG. Source: Renewable Energy

For most of their history, in North America, electrical utilities have been centralized distribution networks. Utility operated generation resources are the hub of the network and electricity flows one-way via distribution networks largely controlled by the same utilities. In this model, there has been little reason for utilities to share anything but a small slice…

Wind energy developer The Blue Circle has completed construction of Phase 2 of the Dam Nai Project in Ninh Thuan Province, South Vietnam. Source: Renewable Energy

Utilities across the country are increasingly taking a proactive role on initiatives to advance clean energy and grid modernization. But to hear a utility CEO like Kipp focus unequivocally on one of the most critical drivers for the growth of solar and storage was striking — and yet another sign of the sector’s ongoing transformation.…

Facebook Inc. plans to light up a data center in Huntsville, Alabama, with power from the largest solar installations to be built in Tennessee and Alabama. Source: Renewable Energy