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Switching to solar can boost education, prosperity for developing world, study finds

Research from the Overseas Development Institute estimates that children in developing world can gain 15 minutes extra study time a day if their homes switch from fossil fuel to solar, while households can enjoy savings of $10 per month.

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Toshiba posts $439.5 million H1 loss as solar ops struggle

Toshiba has posted a group net loss of JPY 49.8 billion ($439.5 million) for the first half of the current Japanese fiscal year, but the bleak outlook for its solar operations is the least of its concerns, as it struggles to cover losses from its bankrupt U.S. nuclear business and avoid being delisted from the Tokyo Stock Exchange (TSE).

Nidec nails EPC, battery deal in Corsica

Nidec Industrial Solutions (NIS) has agreed to supply a battery energy storage system (BESS) for a turnkey PV project in Corsica.

Amid devastation, Tesla begins restoring power in Puerto Rico

Current estimates suggest 80% of Puerto Rico is still without power, but thanks to Elon Musk’s efforts at least one children’s hospital has been able to turn the lights on.

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Off-grid solar has saved $5bn in energy spending since 2010, finds World Bank Group, GOGLA report

Despite 7% lower product sales, the latest global Off-grid solar market report from the World Bank Group reveals that market is thriving. However, industry needs to move quicker if it is to achieve global 2030 universal energy access goal.

China storage market growing, but electric vehicles still dominate battery demand, says AECEA

Chinese shipments of lithium-ion batteries could jump by 40% year on year in 2017, but demand from the country’s burgeoning electric-vehicle market continues to overshadow the deployment of stationary energy storage systems (ESS), according to a recent report.

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EU launches battery alliance

“Airbus for batteries”-style alliance announced this week in Brussels aims to expedite European battery cell manufacturing and strengthen continent’s storage value chain in face of Asian and U.S. competition.

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Wärtsilä to offer energy storage solutions in India

Wärtsilä, one of the largest global supplier of flexible and efficient energy solutions, has announced that it will provide technically and environmentally advanced energy storage solutions to the power markets in India.

Remote community in Guyana receives 400 kWp solar+storage system from Meeco

The off-grid ground-mounted solar and battery project will be carried out by Meeco and Oursun, providing remote regions of Guyana such as Mabaruma with clean energy, while reducing their fossil fuel consumption.

UK’s new Faraday Institution to invest £65m in energy storage research

As part of the government’s £246 million drive to augment its battery and energy storage knowledge and network, the new Faraday Institution will deliver steady funding to some of the country’s leading universities to support their storage research.

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