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Sunverge picks up $36.5m investment, ARENA participates as backer

The California-based distributed energy storage developer has secured Series C funding from the Australian Renewable Energy Agency and four other public and private investors.

Enel Green Power revenue flat for 2015, EBITDA falls 5.3%

The Italian clean energy developer posts total revenue for 2015 of EUR 3bn, which mirrors 2014 performance; net installed capacity of clean energy reaches 10.5 GW, a 9% increase.

Adani goes for solar Down Under

With its lofty plans to build Australia’s biggest coal project facing delays, the Indian mining group is turning to solar and is looking to partner with international companies in developing clean energy in the states of Queensland and South Australia.

SolarWorld’s bifacial modules and home storage solution one step closer to market

The German firm’s Sunmodule Bisun glass-glass module, which uses bifacial cells based on PERC technology, to be presented at forthcoming exhibition in Frankfurt; modular SunPac LiOn battery also to be unveiled.

India to soon hold new solar tenders for 2 to 4 GW

Speaking at the India-Australia Energy Dialogue in Brisbane, Indian Power Minister Piyush Goyal said feed-in tariffs could be cut by a further 10%. At the same time, Goyal is exploring ways of encouraging India’s farmers to start their own solar projects.

Japan solar auctions approved by cabinet

Japanese cabinet approves changes to clean energy incentive program that will include the introduction of a solar auction scheme from April next year, based on recommendations outlined by METI.

India: 50 MW Maharashtra tender attracts one bidder

Interest in solar auctions continue to wane in India in the face of reduced tariffs. In Maharashtra, a major tender failed to attract enough bids and it will now be held anew.

Panasonic to suspend PV cell assembly amid declining demand

Panasonic Corp. is set to suspend operations at one of its PV cell plants for several months amid dwindling demand, Japanese news agency Kyodo reported Tuesday.

Europe: Solar market grows 15% in 2015

While demand for solar systems has declined or remained flat in most of European countries, the United Kingdom’s muscular solar growth led to a dramatic increase in demand for Europe as a whole.

Ikea halts sales of solar PV in UK

The Swedish furniture and home accessories giant has been an avid proponent of clean energy, but following drastic cuts in the U.K.’s solar subsidies, it has decided to stop selling solar systems in the country.

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