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Official NYSE-delisting notice for Yingli

Yingli Green Energy has received an official notice from NYSE stating that the company was not in compliance with the stock exchange’s price criteria.

India: Neyveli Lignite to develop 600 MW of PV plants

Tamil Nadu-based lignite mining giant, Neyveli Lignite will be setting up 600 MW of PV plants as part of the move to increase its total power generation capacity.

Panasonic at the reins of EV battery market

The latest Lux Research market report on energy storage puts Panasonic as the company currently leading the battery landscape for plug-in vehicles. Lux Research expects this market segment to be worth $30 billion in 2020.

Germany: 14 MW solar park acquired by Capital Stage

Hamburg-based Capital Stage has acquired GP Joule’s 14 MW solar park in Saxony-Anhalt, Germany for €17 million (US$18.83 million). The park comprises two PV plants: one that has been feeding into the grid since 2012; and one which will go online this year.

Laser systems developer, LPKF sees red

German thin film PV laser equipment developer, LPKF has slipped into the red, reporting a weak second quarter. A low order intake saw the company’s EBIT for 1H 2015 amount to -$3.55 million.

India: First solar-powered airport in Cochin

According to local media, Cochin International Airport in the state of Kerela is the first airport that will be exclusively powered by PV. The new 12 MW solar project will be officially inaugurated today by Kerela’s Chief Minister Oommen Chandy.

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Zambia turns to solar amidst power shortage

Zambia is aiming to feed 1,200 MW of solar power into the national grid by August 2016. The country is currently amidst an acute power deficit and PV is now being seen as the new source.

SolarEdge records record revenue

Israeli company SolarEdge has registered a record revenue for the fiscal quarter 4Q2015. Increased manufacturing capacity and continued active cost reduction measures have brought gross margins to a quarterly and annual high.

Singulus: 1H sales remain low, but confidence high

Singulus Technologies has just released its 1H2015 financial report with higher than expected bookings. Sales were still low as expected but the company is confident in it’s solar division’s performance for 2015.

US: Installed prices continue rapid descent

For the fifth consecutive year, distributed PV system prices fell in the U.S. This time round, solar “soft” costs have contributed largely to the price reductions. Due to variability in factors, there is also no single price that characterizes the U.S. market.

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