UK’s Lightsource and BlackRock team on £1bn solar strategy

British renewable energy developer Lightsource has entered into a £1 billion partnership with asset manager BlackRock Real Assets to create Kingfisher, which will target 1 GW of solar capacity in the U.K. Partnership will also eye storage opportunities.

India launches AD probe against Chinese, Taiwanese and Malaysian solar cells

Country’s Directorate General of Anti-Dumping states that it has identified a causal link between dumping and injury of Indian firms, enough to warrant the initiation of the investigation.

VC funding for battery, smart grid and efficiency tech tops $1bn in H1 2017, finds Mercom report

More than $1 billion raised in the first half of 2017 by battery storage, smart grid and energy efficiency companies – up from $807m in H1 2016, finds latest Mercom Capital Group report.

China H1 solar panel production surges 25% in a year

Data from the China Photovoltaic Industry Association (CPIA) reveals a 25.9% rise in solar module production over the first six months of the year, reaching 34 GW. Q2 utilization rates stood at 85%, data shows.

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UK to unveil £246m battery investment strategy

Business and energy secretary Greg Clark to announce on Monday focused strategy designed to modernize the U.K.’s energy sector and bring more renewables into the fold via sustained support for storage technology.

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Industry reaction: proposed EU solar pricing allows for better enforcement, says EU Prosun

Milan Nitzschke, president of solar manufacturing trade body EU Prosun, believes that the new proposals for MIP by the European Commission’s DG Trade offer a more accurate means of imposing necessary trade tariffs on imported solar cells and modules.

India’s SECI cancels 950 MW of solar tenders, seeks re-tender at lower rate

The Solar Energy Corporation of India has scrapped large amounts of solar+storage tenders at both the Pavagada and Kadapa solar parks as it seeks to renegotiate with states for lower tariffs.

Ireland’s mitigation plan outlines incremental and permanent decarbonization steps

200-page plan proffers detailed breakdown of Ireland’s pathway towards decarbonization and greater energy efficiency by 2050. Key tenet is transition from centralized, fossil-fuel based electricity system to a low carbon power system. Green campaigners criticize plan’s lack of ambition.

New EU solar pricing proposal ‘divorces prices from reality’, says SolarPower Europe

Intended update for MIP by the European Commission’s DG Trade will set a pricing schedule for panels and cells on the European market that does not reflect market realities, trade body argues.

Coal provided just 2% of UK power in H1 2017

Just five years after meeting 40% of U.K.’s electricity supply, data from Imperial College London shows that coal only met 2% of the country’s power needs in the first half of the year.

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