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Phoenix Solar doubles Q1 revenue Y-o-Y

The German PV project developer posts first quarter revenue of EUR 9.9 million, double that achieved in Q1 2015, following the conclusion of several large-scale projects. Accelerated Q2 growth forecast.

NV Energy offers “green rider” for large customers

NV Energy rolls out new “green” opportunity for customers who wish to be served by renewable energy sources. The energy will be supplied from a new PV plant to be constructed in Clark County, Nevada.

UK: solar installed by independent entrepreneurs topped 2 GW in 2015, study finds

Independent renewable entrepreneurs supplied 7.6% of the U.K.’s power demand last year, investing more than GBP 1 billion into renewable energy; solar capacity grew by 83% in this sector.

9 GW of solar projects registered for July auction in Brazil

The auction will take place on July 29 and is the first of two national solicitations for solar PV to be held this year in Brazil. 295 PV projects have obtained technical accreditation to participate.

Santa Monica mandates solar PV on new buildings

The new mandate is the fifth by a California municipality, and will apply to both residential and commercial buildings.

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1366 Technologies secures another $10 million to build commercial-scale kerfless wafer plant

This latest investment brings the company’s series C round to $32.5 million, and funds will be used to build the company’s factory in Upstate New York.

Vivint Solar switches leadership as CEO steps down

Greg Butterfield steps down as chief executive officer at Vivint Solar, with David Bywater appointed interim CEO as the company looks for a permanent replacement.

Canadian energy company eyes 150 MW PV plant in Vietnam

CMX Renewable Energy Inc. has applied for a license to build a 150 MW PV plant, costing an estimated USD150 million, in Vietnam’s Ninh Thuan province, just as the solar market is being stirred within the country.

Duke Energy adds 30 MW to its solar portfolio

Duke Energy has acquired six PV projects with the total capacity of 30 MW in Eastern North Carolina.

India: SECI calls on World Bank for $200m financing for own solar projects

The Solar Energy Corporation of India plans to increase its downstream portfolio with series of large-scale solar projects across the country; has approached World Bank to provide 50% funding.

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