by Nicolas Rinaldi
May 06, 2016

Below are the key takeaways from the week in grid edge, solar and energy news.

Grid Edge News

246 SGIP Applications
The number of applications submitted by storage developer Stem in the first 10 minutes of California's $83 million SGIP online solicitation. An independent investigation found that Stem and others manipulated the application process to flood the online application portal. (story)

$10.30 per Share
The price that Oracle paid to acquire customer analytics firm Opower. (story)

That price is less than half of Opower's 2014 IPO. GTM Research analysts see this as mostly a win-win for both Oracle and Opower. (story)

AUD $6.7 Million
The price tag for the solar-plus-storage project at Alkimos Beach, a 100-home community in Perth, Australia. The project developed by Synergy is targeting 15 percent savings on the community's electricity bills. (story)

$50 Million
Announced Series F investment round for ChargePoint, the Campbell, California-based charging station provider. (story)

4 Megawatts
Capacity of residential storage installations in the U.S. in 2015. This week, Verengo Solar teamed up with Swell Energy to capitalize on the 400 percent forecasted growth in the market this year. The partnership will offer a turnkey energy-storage solution in California. (story)

Solar News

66 Gigawatts
The forecasted global solar additions in 2016, according to GTM Research. (story)

59.5% Market Share
Total market share of the five leading residential module providers in the U.S. in 2015. GTM Research stacks its data against Energy Sage's to uncover trends in U.S. residential module and inverter supply. (story)

$5 Demand Charge
Proposed monthly charge by Arizona utility UniSource Energy Services. A wave of new demand charges, fixed charges, and lowering of net energy metering rates is jeopardizing the state's residential solar market. (story)

25 Cents per Watt
The all-in PV cost that Shayle Kann of GTM Research and Varun Sivaram of the Council on Foreign Relations say the industry must reach by 2050. This week, Bentham Paulos asks in response whether we really need solar that's too cheap to meter. (story)

6 Million
Number of affordable housing units in the U.S. Erica Mackie argues that falling solar costs and new housing policies make developing PV on affordable housing an attractive proposition. (story)

Other Energy News

88 Minutes
The running time of the Energy Gang's live show this week, recorded at WNYC in New York. Watch the video, with the Gang's special guests, Yuliya Chernova of The Wall Street Journal and Chris Martin of Bloomberg News. (story)

50% Renewable Energy
The overall energy supply goal that California is planning for by 2030. Stephen Lacey sat down with CPUC Commissioner Catherine J.K. Sandoval to talk about how the state will get there. (story)

7 of 10 U.S. Voters
The ratio of voters who have heard "just a little or nothing at all" about the Obama administration's Clean Power Plan. (story)