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Canadian Solar sees revenue more than double in Q1, reports slightly increasing ASPs

The Chinese-Canadian module manufacturer saw its quarterly revenue exceed its forecast, while posting a net profit of $43.8 million. Meanwhile, its portfolio of solar projects in development has reached 2.3 GW.

Italy: New Q1 PV additions total 89 MW, Sicily introduces moratorium on large-scale solar

The residential and commercial segments keep driving solar demand in the country. Meanwhile, the government of Sicily has decided to suspend all new permits for big solar parks, in order to verify their potential negative impact on the island’s landscape.

Brazil’s first solar-plus-storage power plant to come online

The plant, which consists of a 300 kW solar installation and a 1 MW storage system, was built by local power utility Cemig in partnership with Grupo Algar. The project is located in Uberlândia, in the state of Minas Gerais, which is the Brazilian region with the highest penetration of solar and renewables – and a grid that is in a urgent need of improvement.

Hanwha Q Cells improves profitability, but revises down 2018 shipment guidance

The solar module manufacturer reports that Europe will likely replace the United States as its number one market, due to the recent introduction of the duties introduced by the Trump administration. Although quarterly revenue grew by around 2.5% year-on year, and net profit almost doubled from $17.6 million to $31 million, the outlook for 2018 shipments has been lowered by 400 MW to 5.6 GW to 5.8 GW.

Anesco to deploy 380 MW of storage by 2020

The renewable energy developer claims that more opportunities in the UK storage business will be created by the balancing mechanism and growing demand for storage retrofits.

Scotland issues EoI for energy efficiency measures including PV-plus-storage

The “Energy Efficient Scotland Transition Programme: Decarbonisation Fund for Social Housing” is aimed at helping building owners to improve the energy efficiency of homes and buildings in the commercial, public and industrial sectors.

Tunisia launches 500 MW solar tender

Through a new large scale solar tender, the Tunisian government intends to build five solar parks across several regions. Developers are now invited to submit pre-qualification requests.

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Montenegro announces 200 MW solar tender

As a first step towards executing a 200 MW solar tender, the Montenegrin government has planned a public invitation to lease land owned by the state at the Briska Gora – Ulcinj Municipality, where the array is planned.

Powerfield abandons plans to build 300 MW module factory in the Netherlands

The Dutch company said its project became unviable due to rapidly declining module prices. For its planned solar parks in the Netherlands, however, the company will rely on modules provided by the Dutch panel maker Energyra.

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Panasonic, Tesla reveal plan to produce lithium batteries in China

Tesla’s batteries may soon be Made in China. The announcement was made by Panasonic CEO Kazuhiro Tsuga during a conference accompanying the company’s 2018 fiscal-year results.

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