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Enphase sees CFO leave, presents stable numbers for Q1 2018

The American microinverter maker is reporting only modest losses in its Q1 results, a significant improvement from a year ago.

Leclanché suffers delayed capital, losing third of revenues

Swiss storage system provider releases financial report for 2017 showing losses, due to growth capital delay. Project from 2017 pipeline will be finished in 2018, however, promising a strong year ahead. Overall, it expects 100 MWh of operational storage projects this year.

Nepal launches tender for large-scale solar

The Nepal Electricity Authority is seeking bids for projects ranging from 1 MW to 5 MW across 25 sites.

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Ukraine has now 63 MW of solar under net metering

The net metering scheme, which is open to rooftop solar PV projects not exceeding 30 kW in size, was introduced by the Ukrainian government in 2015.

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Algeria set to resume plans for large-scale solar with strong local content commitment

In a conversation with pv magazine, Mouloud Bakli, president of the Algerian solar energy association, Club Energia (branch of FCE), says that multiple solar pipelines are set to be restarted by the Algerian government. Furthermore, two new tenders, for Independent Power Producer, and solar hybrid power, projects, will be issued by the end of Q2 2018. For all of these plans, local content requirement rules will apply. The existing local PV module industry, on the other hand, is expected to reach a combined annual capacity of 550 MW by the end of the year, while several manufacturers of mounting structures, cables, solar glass and junction boxes are already operating in the market.

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India: Rooftop PV targets missed, ground-mounted and off-grid exceeded

In the past financial year, India missed its rooftop solar PV targets, although it did exceed those for both grid-connected ground-mounted and off-grid systems, reports the Ministry of New and Renewable Energy. Bridge to India believes the government’s rooftop targets have been set at the wrong level and that around 10 GW will be installed by 2022, rather than 40 GW.

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sPower, Array Technologies announce multi-gigawatt US tracker partnership

Over the next three years, Array expects to supply multiple gigawatts of trackers to the developer, as its “primary” tracker supplier.

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Solar, wind make up at least 94% of new US generation power in Q1 2018

Wind and solar dominated new electric capacity commissioned in the first three months of 2018 – even before you count behind-the-meter installations.

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ABN Amro launches €200 million fund for energy transition

The fund is expected to make equity capital investments in the range of €10 million to €25 million, mostly in the Netherlands and Northwest Europe.

Lightsource BP, UK water utility partner for 10 solar farms

U.K.-based water company, Northumbrian Water has entered into a partnership with Lightsource BP for the development of 10 new solar farms at its sites, which are expected to generate 10 GWh of clean electricity each year to help power its operations.

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