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IKEA to install largest rooftop PV plant in Tennessee

New IKEA store in Memphis, Tennessee will have the largest rooftop PV plant in the state.

The pv magazine weekly news digest

The story of storage gained a few new chapters this week as Saft, Sonnen and Tesla all grabbed the headlines, while further woes for SunEdison, steady-as-she-goes from SMA and a Latin love affair suggested it was business-as-usual elsewhere.

From the Mag: pv magazine global May issue is now online

As the global solar market players are about to gather at the SNEC tradeshow in Shanghai, pv magazine, as usual, gathers the industry’s top news, latest trends and most accurate prognoses in its new May issue.

NY Green Bank provides financing to Mosaic and Sunrun

The funding is part of four clean energy transactions which recently closed. The bank is working with a New York developer to bring solar project finance to a wider range of businesses.

Financing secured for 100 MW of utility-scale PV in Argentina

The government of Jujuy Province has secured development bank financing for solar PV projects to be approved in an upcoming auction.

SMA posts strong Q1 figures across all core segments

The German inverter specialist sees sales, revenue and cash volumes grow on the back of greater internationalization and a growing presence in commercial PV sectors globally.

SolarWorld registers 42% Q1 revenue increase Y/Y, but losses widen to EUR 20 million

Germany’s SolarWorld posts EUR 212.63 revenue for the first quarter of 2016, but losses widen year-over-year to EUR 20.8 million. U.S. demand fuels large shipment increase.

SMA clings to global inverter top spot, but Chinese rivals closing, says IHS

The German inverter supplier maintained a steady lead at the top of the global PV inverter revenue chart, but China’s Huawei and Sungrow, as well as Israeli firm SolarEdge, are closing in.

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Yingli defaults on $270m loan, actively steps up restructuring process

Debt worries mount for Chinese solar manufacturer as it misses payments of RMB 1.76 billion due today; issues statement saying it is stepping up ways to generate cash flow.

STA launches online survey to diagnose UK’s solar business health

The STA and PwC launch an online survey to analyze the U.K. solar industry after major changes in the policy framework.

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