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Total control: billion-dollar buyout of Saft completed

The French giant has finalized the acquisition of the battery producer in a deal thought to be worth $1.1 billion, via the completion of a successful share tender.

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Mercom: Battery storage, smart grid VC investments double in Q2 2016

While there has been a downturn in solar funding, battery and smart grid investments had a very strong quarter.

Kaco New Energy restructures Germany site, eyes global opportunities

The German inverter supplier to cut 80 jobs at its Neckarsulm HQ as part of restructuring process, some roles to be transferred to the firm’s U.S. and South Korean operations.

British fossil fuel energy veterans invest in storage startup Moixa Technology

Three former bosses of large U.K. energy firms confirmed as private backers of new London-based battery technology provider Moixa Technology.

Solar imports dramatically increase in India

Indian imports of solar PV cells and modules from outside manufacturers multiplied by more than three times from 2014-2015 to 2015-2016, as the solar industry in the country experiences a radical growth, there are even plans for the country’s railways to be powered by PV technology.

The pv magazine weekly news digest

The SolarWorld-Hemlock case dominated the news this week, but Intersolar North America, EU investigation into alleged Chinese malpractice and India’s soaring PV ambitions also turned heads.

California ISO hits new solar record

The Californian Independent Solar Operator Corporation unveils data showing the state hit a new record of 8,030 MW of solar generation this week.

Sungrow announces $170m storage partnership with Samsung

The Chinese inverter specialist officially launches the Sungrow-Samsung SDI Energy Storage Power Supply Co., Ltd joint venture in China.

Solar plus storage system installed at wildlife conservancy in Kenya

The off-grid microgrid has been installed at the Loisaba Conservancy by Aquion Energy and SolarAfrica and will be able to offset the conservancy’s diesel use by 95%, at a time when off-grid solar is making a charge in Africa.

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Argentina tenders 6,500 off-grid photovoltaic systems

The Argentine government wants to promote renewable energy in rural areas of the country, and to do so it has launched a tender for about 6,500 off-grid solar systems. German companies are allowed to participate.

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