by Nicolas Rinaldi
June 17, 2016

Here are the key takeaways from the week in solar and grid edge news.

Solar News

5 Customers
The number of customers who have installed rooftop solar through Georgia Power's consultation and solar installation business over the past year. (story)

90 Gigawatts (AC)
Forecasted global inverter shipments by 2020, representing an average annual growth rate of 11 percent between 2016 and 2020, according to GTM Research. (story)

50% of Massachusetts SREC II Pipeline
The percentage of the pipeline made up of virtual net metering projects. GTM Research asks: Will these projects survive under the state's new net metering regime? (story)

50 Megawatts
The size of a utility-scale project being developed in Cuba's Mariel Free Zone. Two British developers are setting their sights on the solar and solar-plus-storage markets in Cuba. (story)

The percentage of PV in Latin America that comes from utility-scale solar, according to GTM Research. This week, our analysts break down key trends in Latin America solar's market. (story)

$30 Million
The potential investment fund from CrossBoundary LLC for commercial and industrial PV projects in sub-Saharan Africa. The Interchange spoke to CrossBoundary's managing partners about the emerging opportunity for middle-market solar in sub-Saharan Africa. (story)

Grid Edge News

4 Reasons
The number of reasons why you should attend next week's Grid Edge World Forum in San Jose, according to GTM Editor-in-Chief Eric Wesoff. (story)

If you are unable to attend in person, don't worry. Your GTM Squared membership gets you access to the event livestream and on-demand video all next week. (story)

4 Megawatt-Hours
The size of Con Ed's residential energy storage project that will include roughly 300 homes in Brooklyn and Queens. The New York utility is partnering with technology providers Sunverge and SunPower. (story)

$8.7 Million
The amount of Southern California Edison investment in demand response approved by the California Public Utilities Commission. The utility is looking to use demand response to make up for capacity shortfalls from the shutdown of the Aliso Canyon natural-gas facility. (story)

3 Filings
The number of proposals filed as part of New York's REV on alternatives to traditional retail-rate net energy metering. This week, Julia Pyper breaks down each filing for Squared members. (story)

$79 Million
The investment in the U.S. energy storage industry in Q1 2016, more than double the total investment over the same period last year. (story)

440 Megawatts
The capacity that the New York Power Authority will move downstate from wind and hydro resources in upstate New York via a recently completed $120 million transmission link. (story)

500 Kilowatts
The minimum aggregated distributed energy resource (DER) capacity that CAISO is looking for at a single sub-load aggregation point to bid into wholesale markets. This week, Jeff St. John analyzes FERC's approval of CAISO's aggregation plan and the larger DER planning process in California. (story)

20 Megawatts
The capacity of an energy storage project awarded to RES by the U.K.'s National Grid. The contract came a surprise to the energy storage world, as RES had not participated in National Grid's project tender. (story)

$1 Billion
The amount of funding the Obama administration announced it will provide for the development of energy storage projects in the U.S. over the next five years. (story)

6.4 MB
The file size of Tendril's old Energize mobile app. This week, Tendril announced the launch of its new app, MyHome. Duke Energy and AEP are the product's first two utility customers. (story)

Other Energy News

$15 Billion
The value of Danish energy conglomerate Dong Energy, which went public last week. (story)

The forecasted percentage of worldwide power capacity that will come from carbon-free electricity generation by 2040, according to Bloomberg New Energy Finance. (story)