by Nicolas Rinaldi
May 13, 2016

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

Solar News

Slide 22
The slide from GTM Research's Solar Summit 2016 keynote presentation that looks at top players in residential PV in the U.S. (story)

The slide left the event's following speaker, SunPower CEO Tom Werner, scratching his head -- albeit playfully -- in regards to his company's ranking. (story)

500 Employees
The size of the NRG Home Solar workforce that NRG Energy will lay off as part of the company's GreenCo restructuring. (story)

27% Addressable Market
The portion of the 42-gigawatt global residential PV market that monitoring providers are competing for. Cedric Brehaut of SoliChamba Consulting argues this low percentage is one factor limiting the monitoring market's growth. (story)

$17.82 per Share
The closing price for SolarCity stock on Tuesday, May 10, down more than 20 percent from the previous day after the company cut its 2016 installation guidance. (story)

US$12.5 Million
Series C investment in Swedish solar materials startup Sol Voltaics for its gallium arsenide nanowire technology; a rare venture funding round for early-stage solar hardware. (story)

10 Megawatts
Capacity of recently announced concentrating PV project in southeastern Alberta, Canada. The project will be developed by the technology provider, Morgan Solar, and pipeline giant Enbridge. (story)

Forecasted contraction in growth of U.K. solar market due to the elimination of the government's feed-in tariff and renewable obligation certificate program. (story)

US$0.299 per Kilowatt-Hour
The bid price received by Dubai's Electricity & Water Authority for a 800-megawatt PV system. The industry is seeing continuing cost improvements as procurement moves away from feed-in tariffs and toward auctions. (story)

Grid Edge News

US$1.1 Billion
The amount oil and gas giant Total SA offered to acquire French battery specialist Saft this week. (story)

80% Stake
The share that Engie, formerly known as GDF Suez, took in California-based energy storage solutions provider Green Charge Networks. (story)

2,500 Powerwalls
The number of units Tesla delivered across North America, Europe, Asia and Africa in Q1 2016. (story)

$177 Billion
Investment by 2025 called for by the American Society of Civil Engineers to improve America's power grid. (story)

Other Energy News

495 GW
Total installed wind capacity planned in China by 2030, more than tripling the country's current capacity. (story)

The amount by which solar generation beat coal generation as part of total electricity mix in the U.K. on Sunday, April 10. The day before, solar outpaced coal for the first time in the country's history. (story)

351,410 Jobs
The number lost in the oil and gas industry globally since prices began to slump in mid-2014. (story)

83 Quadrillion Btu
The amount of coal energy the EIA 2016 International Energy Outlook forecasts China to consume in 2040. The number was revised down from 2014 estimates by nearly 40 quadrillion Btu. (story)

760 MPH
The speed at which Hyperloop Transportation Technologies claims it will be able to safely transport consumers on the ultra-fast rail system it is developing. (story)