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Sharp launches three new mono-PERC modules with 19.1% efficiency

Sharp has released three new high-efficiency mono-PERC solar panels. Ranging from 300 W to 370 W, the five-busbar modules are designed for use in a range of applications, from residential PV projects to large commercial installations.

ING to lend $37m to Sunseap to build 50 MW in Asia

The Dutch banking group will serve as sole mandated lead arranger for the S$50 million ($36.98 million) loan. A unit of Singapore-based developer Sunseap will use the funds to build a 50 MW portfolio of rooftop PV projects.

OPG finishes 44 MW of solar in Ontario

Ontario Power Generation (OPG) has completed the Nanticoke solar project on schedule and according to budget. The array has been built at the former Nanticoke Generating Station site, on the shores of Lake Erie near the town of Port Dover.

Solargiga posts sharp net loss in 2018

Solargiga Energy Holdings has posted a net loss of CNY 222.4 million ($33.08 million) for 2018, a sharp reversal from the CNY 107.5 million net profit it recorded in the preceding 12-month period.

NDB to provide $180m to Eskom for grid development

The New Development Bank has agreed to offer a $180 million loan with sovereign guarantee to Eskom. The utility, which is based just outside of Johannesburg, plans to build new infrastructure to integrate 670 MW of unspecified renewables into the South African grid.

Gridserve to build PV-powered, battery-backed EV charging stations

Gridserve has revealed plans to install more than 100 electric-vehicle charging stations throughout the U.K. It will start building the first of these facilities later this year, backed by a £1 billion ($1.7 billion) investment.

Philippines lowers FIT levy

The country’s energy regulator has decided to reduce the levy that finances the FIT program for renewable energy from P 0.2563/kWh to P 0.2226 ($0.004)/kWh. The lower levy is expected to go into effect next month.

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African Development Bank approves $20m to back minigrids in DRC

The board of the multilateral development finance institution has approved a $20 million facility to back the deployment of renewables-based minigrid projects in the Democratic Republic of Congo.

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EBRD spearheads effort to auction off renewables in Azerbaijan

The European Bank for Reconstruction and Development (EBRD) has issued an open call to hire a consulting firm to help the government of Azerbaijan to design and launch auctions for renewable energy.

LCOE for li-ion batteries has fallen to $187/MWh — BNEF

Lithium-ion batteries are increasingly posing a competitive threat to coal- and gas-fired generating plants when paired with solar and wind projects in a number of markets throughout the world, without the need for subsidies, according to new research by BloombergNEF (BNEF).

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