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Markets & Policy

Financing agreed for Sweihan mega project in Abu Dhabi

Chinese module manufacturer JinkoSolar announced the completion of financial negotiations for the 1.17 GW solar project to be built in Abu Dhabi. The project will be financed with $870 million and is expected to begin commercial operation in April 2019.

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ARENA announces AUD $20m PV R&D funding round

In order to help reduce the future cost of solar PV, ARENA is set to launch its third competitive funding round for solar R&D.

SoftBank unit completes 32.3 MW in Japan

SB Energy — the renewables development arm of Japanese telecoms giant SoftBank — has switched on a 32.3 MW solar array in Yusui, Kagoshima prefecture.

Renewable energy employs 9.8m people globally – IRENA

Report by the International Renewable Energy Agency shows large increase in number of people employed in renewable energy sectors, led by solar PV, which accounts for 3.1 million jobs.

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BREAKING: U.S. ITC moves ahead with Suniva investigation

The U.S. International Trade Commission decided late tonight to move forward under Section 201 of the Trade Act of 1974 to investigate whether the bankrupt module maker deserves protection from its Chinese competitors.

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Iranian solar market set to boom as SATBA takes over authority on renewable energies

Interview: Seyed Moslem Mousavi, Chief executive officer of The Iran Renewable Energy Association, revealed that large volumes of grid-connected PV power are expected to come online this year in Iran, and that, however, projects realized with locally manufactured PV modules, which have right to higher FITs, are still missing.

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Siva Power secures investment for thin film facility

U.S thin film producer Siva Power has announced the completion of a $25 million investment round, which focuses on its solar module business, and continuing to build out its pilot line.

EU greenlights reduction of surcharges for energy-intensive companies in Germany and Italy

The European Commission stated that reduction of cogeneration and renewable energy surchages for energy-intensive industries in the two countries complies with its 2014 Guidelines on state aid for environmental protection and energy.

Leclanché reports fire at headquarters in Switzerland

After two hours the fire was extinguished. The fire accident was caused by a storage system provided by a third-party battery system.

India: solar tax hike could increase power project prices, say industry heads

The 18% Goods and Services Tax rate for solar cells and modules could pose significant threat to around 10 GW of ongoing utility-scale solar projects, says Bridge to India.

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