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    1. Wind Energy Storage Devices Market Gains From Rising Demand for Renewable Sources of Energy, Investment

      Wind Energy Storage Devices Market Gains From Rising Demand for Renewable Sources of Energy, Investment

      Wind energy storage devices, as the name suggests, are used to store energy harnessed from wind. Renewable energy sources such as solar and wind have considerable potential of reducing dependence on non-renewable energy sources such as fossil fuel. Concerns pertaining to climate change, favorable initiatives adopted by government (such as renewable portfolio standards), and consumer efforts, have resulted in the increasing dependence on wind energy for generating power. However, the wind energy has variable and uncertain output, unlike the conventional sources of electricity generation used around the world. Because wind doesn’t always blow, there has been a pressing need for deploying proper energy storage facilities, which translates into high demand for wind energy storage devices.

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      Mentions: Beacon Power
    2. RES Distributed Announces Solar Project for Central Texas

      RES Distributed Announces Solar Project for Central Texas

      RES Distributed, a wholly owned subsidiary of Renewable Energy Systems (RES), a leader in the development, engineering, construction, and operation of wind, solar, transmission, and energy storage projects across the globe, is pleased to announce an agreement with Pedernales Electric Cooperative (PEC) to develop, construct and manage a 15 MW distributed portfolio of solar photovoltaic (PV) projects in the Texas Hill Country.  PEC, established in 1938, is one of the largest member-owned electric cooperatives in the United States and is headquartered in Johnson City, TX. The Pedernales Electric Community Solar Project will consist of fifteen sites across PEC's service territory with each site hosting up to 998 kW solar array. Construction of the facilities will begin later this year and is scheduled to be completed in 2017.

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      Mentions: U.S. Minnesota Chile
    3. Duke Energy Renewables acquires 20-MW Longboat Solar Project in California from EDF Renewable Energy

      Duke Energy Renewables acquires 20-MW Longboat Solar Project in California from EDF Renewable Energy

      Duke Energy Renewables has acquired the development assets associated with the proposed 20-megawatt (MW-AC) Longboat Solar Power Project in California from EDF Renewable Energy. The project will be built in San Bernardino County near the city of Barstow. With this addition, Duke Energy Renewables has seven solar power projects in California totaling more than 130 megawatts, enough to power about 40,000 average homes. "Longboat is a great addition to our growing California solar portfolio," said Greg Wolf, Commercial Portfolio president, Duke Energy. "In addition to utility-scale solar projects, we've also made investments in California distributed generation and energy management systems for commercial and industrial companies, which enables us to offer a full array of services in the state and across the U.S." The energy generated from Longboat and associated renewable energy credits (RECs) will be sold to Southern California Edison through a 20-year agreement.

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