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One-third of SMA staff to lose their jobs

German inverter giant to cut 1,600 jobs, the majority of which will be in Germany, as poor European market continues to harm profits.

Florida Power & Light to add 225 MW of solar in 2016

The utility says the advantages of its select sites coupled with decreasing solar costs will allow for the cost-effective expansion of large-scale solar.

Abengoa breaks ground on 100 MW PV plant in Chile

In addition to the PV installation, the Atacama 1 facility will include the first solar thermal plant in Latin America. The Spanish renewable energy group says the two technologies complement each other to supply energy 24 hours a day.

Russia may impose huge fines against leading solar developers

While localization requirements continue to dog the construction of new PV plants in Russia, two companies have set up PV module fabs in the country.

Exosun expands tracking operations in South Africa

The French company, a leading provider of solar tracking technologies for utility-scale ground-mounted solar plants, says it is committed to local manufacturing of its trackers, “in full aligment with the South African local content policy.”

Korea's S-Energy offers module finance in US

The Tier 1 Korean manufacturer will allow its customers to choose between two different financing models in an attempt to lower barriers of entry into the U.S. solar market.

India's clean energy investment to top $10bn in 2015

Strong policy support and increased investor confidence set to deliver clean energy bounce back, according to forecast from BNEF.

Italy to omit solar from new renewable incentives plan

Decision to halt solar subsidies follows country’s best ever year for PV power generation. In 2014 solar energy covered 7.53% of Italy’s electricity needs.

5 takeaways from the 8th World Future Energy Summit

The MENA region has long been the center of great expectations for the PV industry. From Monday to Thursday this past week much of the global solar industry descended on Abu Dhabi for the 8th World Future Energy Summit. The big names in solar were in attendance and many remain bullish regarding prospects for the market. Here are five key themes running through discussions.

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Industry urges European PV research sector to 'wake up'

Gathering of leading solar researchers and industry representatives at the Sophia research infrastructure symposium stokes passionate debate about future of European PV.

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