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There is nothing for solar in UK’s final pre-Brexit budget

Solar trade lobby group the STA has voiced its disapproval after Chancellor Philip Hammond yesterday announced plans to ease the tax burden on workers but had nothing to offer an industry which has seen a 95% fall in installations in three years.

GCL sells off stake in 160 MW of Chinese PV projects

Poly manufacturer and developer raises another $44m to pay down its huge debt pile after selling an 80% stake in two solar projects in its homeland.

Yingli backs down in $9.5m unsettled notes case

The struggling Chinese manufacturer has withdrawn its appeal against a Chinese court decision it must repay medium term notes it failed to honor in 2015 and 2016. Yingli is struggling to stay afloat after a series of disastrous financial updates.

Subsidy windfall helps GCL Poly eat into debt mountain

The Chinese manufacturer – which is gambling on a big rebound in global appetite for the raw material for PV panels materializing soon – will devote all of its $143m solar subsidy income to paying off a daunting amount of borrowing.

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Uttar Pradesh prepares to procure another 550 MW of solar

The Indian state has set an electricity price ceiling of INR3.10/kWh and reserved the right to cancel the auction if it doesn’t fancy the resulting tariff. Bidders can go for projects ranging in size from 5 MW up to the whole capacity on offer.

Hanergy Thin Film to return to China listing ahead of results of inquiry

The Hong Kong-based thin film manufacturer’s parent company may not be able to deliver mammoth panel orders on time, but looks set to arrange a HK$5/share deal to take the troublesome unit back in house and list it on the A-share index, in a move which will come as a relief to shareholders stuck with its stock since May 2015.

Large-scale projects, net metering and solar leasing for Malaysia

Minister announces new-year changes to try and drive further PV adoption in the populous southeast Asian nation.

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Hitting 76% of its solar ambition would still be some achievement for India

Analysts are weighing into the debate over the Ministry of New and Renewable Energy’s big solar plans, but pointing out even a partial victory would set the foundation for future solar triumphs.

Hanergy opens up with details of China’s new Great (Han)Wall

Thin-film manufacturer says its skyscraper product, which can be retrofitted, will open up a new BIPV marketplace – but spokesman sidesteps question of whether Trump’s solar duties will apply in the US.

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Chinese market turbulence affects another slew of PV employees in Taiwan

TSEC is planning to cut a fifth of its workforce as it changes focus to produce higher-efficiency PERC cells, against a backdrop of more generic products swamping the market because of a slowdown in the world’s biggest market.

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