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Oman, Royal Dutch Shell invest $53 million in GlassPoint Solar

Big oil is increasingly turning to solar power to extract petroleum, so much so that the country of Oman and Royal Dutch Shell on Monday announced a $53 million investment in GlassPoint Solar.

Sharp weighing sale of Recurrent Energy

The Japanese group’s Energy Solutions division suffered a 97% drop in profit in the first quarter due to sinking residential solar sales in Japan.

Israel launches tender for first phase of 170 MW PV park

A tender for a new 50 MW solar PV park in Israel will be launched on Monday. pv magazine has the story exclusively ahead of the tender’s official announcement.

Italian FiT cuts destabilizing PV market, hurting Europe, says EPIA

The PV industry association argues that the law will block “prosumers” from providing flexibility to the energy system and helping to avoid costly grid extensions.

Ingeteam surpasses 120 MW of PV power in Chile

Ingeteam has become a leading O&M provider for renewable energy plants in in Latin America, with contracts totaling 1.2 GW.

Natcore research may cut cell production costs by using copper

By switching from silver to copper, the cost of producing a solar cell would fall by a fraction of a cent. Yet in building a 100 MW facility, developers could save more than $100,000.

New York unveils solar power program for schools

A total of 40 school districts representing some 200 schools across the state registered for the solar program.

Canadian Solar partners on $800 million solar fund in China

Teaming up with the state-owned Sichuan Development investment company, Canadian Solar will focus on utility-scale and distributed generation projects in Sichuan Province and other solar resourceful regions in the country.

US, China hold close to 50% of global PV pipeline

At a combined capacity of 61 GW, projects in the U.S. and China make up almost half of the current PV pipeline, according to IHS, which says a large share of planned projects are “immature” and unlikely to materialize.

ABB partners with BYD to develop storage technologies

Electricity storage technology looks set to get a boost with two major companies active in the space forming a strategic partnership. Power and automation giant ABB will form a partnership with major Chinese company BYD to collaborate in battery storage for grid-connected, micro grid, solar and marine storage applications.

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