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However, EIA data shows solar PV only making up 1.3% of total generation, a fraction of the portion in leading European nations.
A total of 1.4 GW of projects were put forward under the 200 MW tender, with energy storage projects taking positive steps forward, says Renewable Energy Agency.
The German lender provides GBP 30 million in financing for the solar plants of up to 5 MW each and located across five sites in England and Wales.
Having originally announced details of a 25 MW project, the Perth-based solar power integrator has now secured a larger tract of land and promising funding to upsize the plant to 100 MW.
Japanese electronics giant is preparing to expand into the Chinese solar market with an eye on supplying megasolar plants being planned across the country. Strategy could prove risky, experts say.
According to Bloomberg New Energy Finance, used electric vehicle batteries will amount to 29 GWh by 2025, with around one-third of that total viable for second life use as low-cost, stationary storage.
A post-slump solar recovery could arrive in Europe as early as 2018 should policy support sufficiently smooth the path for dormant solar pipelines on the continent, says IHS Markit.
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