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Siemens backs Northvolt’s Swedish battery factory plan with €10m

The German group has joined the project as a technology partner, and brings €10 million. Siemens will conduct digitalization of the value chain for Northvolt production and will be supplied with the factory’s products

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Open letter: German government must protect its solar industry

In an open letter, more than 30 German PV companies and research institutes demand an industrial strategy to retain a domestic solar industry. According to the signatories, that means increased co-operation with France and the consideration of sustainability criteria for PV tenders

Around 250 signatories call for an end to EU anti-dumping measures

In a letter to European Commission President Jean-Claude Juncker, more than 250 organizations and companies from EU member states have called for the termination of trade restrictions applied to Chinese PV manufacturers. The current anti-dumping and anti-subsidy tariffs – and minimum import prices for Chinese crystalline modules and cells – are due to run until 3 September

Sonnen secures €60 million investment from Shell Ventures

Germany-based PV-storage provider sonnen has closed a new funding round from a group of investors led by Shell Ventures. Sonnen has already began to draw on the funds as it continues to expand market shares in the U.S. and in Australia. Shell Ventures is now a major sonnen investor and future cooperation agreement has been agreed to.

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Study: 100% global energy system feasible

Several scientist have joined to rebut an Australian article that questions the feasibility of a global energy transition. For this purpose, they have gathered hundreds of studies on energy systems and conclude, that there are neither fundamental technical nor financial barriers to achieve 100% renewable energy supply.

Goldbeck Solar highlights importance of first-class guarantees

Goldbeck Solar shares the unfortunate details of a botched module supply deal with China Sunergy. To date, Goldbeck Solar claims it is yet to receive a single module.

IBC Solar realises its largest stand-alone project in India

For the German PV-company the solar farm of 27 MW is its first in East-India. For the project IBC solar secured a tender for a PPA with a duration of 25 years.

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Meyer Burger sells Solar Systems unit to former board member

The Swiss PV equipment manufacturer will sell the division to Patrik Hofer-Noser. Both sides agreed to keep the purchase price confidential. Nevertheless, Meyer Burger assumes that the sale will result in a loss in the low single-digit million range.

Blue Sky Energy offers saltwater-based residential solar storage

Interview: Saltwater technology is similar to that of lead battery storage, but only natural materials are used. Helmut Mayer, Managing Director of Blue Sky Energy, explains how this compares to lithium-ion, which currently dominates the residential PV sector.

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SMA confirms guidance for 2018

In the first quarter, SMA saw its sales increase slightly, while EBITDA improved compared to the same period of the previous year. Net profit, however, was significantly below the level of the first quarter of 2017.

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