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Gresham House eyes 182 MW storage portfolio in the UK

The asset manager has seen good returns on the 70 MW it has already acquired. Despite the U.K. government cutting subsidies for renewable energy, the fund manager believes the country will be a high growth market for storage.

Germany added 350 MW of new solar capacity in March

The strong growth registered in the first quarter of the year – when 1.27 GW of new PV was deployed – will prompt a 1.4% reduction in the FIT price for the three-month period up to July.

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Yingli reveals the full extent of its huge debt mountain

The SEC filing lodged by the Chinese manufacturer today tells the tale of ever falling panel prices, production shutdowns prompted by cashflow crises and multiple legal claims from creditors, as the company warns it could face being broken up.

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US solar equipment supplier set to bank on Longi ambition

New York State-based Linton Crystal Technologies announced plans to bring its Chinese ingot production equipment business under one roof just hours after its major customer outlined its intent to manufacture even more monocrystalline panels.

China confirms FIT level payments – but they will be ‘subject to competition’

The Beijing authorities have confirmed the payment levels to be made according to type of project and region from July onwards but an auction process will be involved so the figures are for guidance only. No decision has yet been made on the 30 GW of capacity added since the end of May.

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Renewables may be the victor in Spanish election

Although it is still unclear how the victorious Socialist Party will build a majority in parliament, listed Spanish energy companies such as Solaria and Audax saw the price of their shares rise significantly after the vote.

Scientists concentrate on efficient hydrogen production

Researchers from the Laboratory of Renewable Energy Science and Engineering at Switzerland’s Ecole Polytechnique Federale de Lausanne have developed a device which they say could “provide a pathway for device scalability aimed towards the large scale deployment of photo-electrochemical hydrogen production”.

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Convert: New tracker design for reducing LCOE and LCA

Under the European Union’s Horizon 2020 Project, GOPV, Convert is working on reducing the LCOE and LCA of large PV plants. In this vein, it has developed a new tracker and tracking strategy focused on the use of bifacial modules. Find out more at this year’s Intersolar Europe.

Labor plan to aggregate 4,000 schools into virtual power plants in $1 billion solar program

Australia’s federal Labor party has pledged to roll out PV generation and batteries at schools across the nation, and to create VPPs supporting up to 365 MW of capacity.

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Dhaka water authority re-tenders plans for 12 MW solar plant

Plans are back on track for what the authority intends to be the first of many solar installations, after potential bidders complained in January that the proposed contract was not viable.

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