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Sharp’s solar losses buck profitability trend in 2016

Japanese electronics giant lowers its full-year losses to just $329 million as share values rise across the board following buyout by Foxconn. Sharp’s solar segment, however, remains only unprofitable division.

Schmid develops new multi wafer texturing process

The German production manufacturer has announced the development of a new process for the texturing of diamond wire cut multi silicon wafers. Schmid says that it will ship the first systems featuring the new technology in the second quarter of 2017.

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UK solar funds feeling warm glow of Brexit, finds BNEF

Data from Bloomberg reveals doubling in trading volume of leading U.K.-listed solar funds since last June’s EU referendum as the weaker pound and higher power prices makes solar investment more attractive.

EU project aims for improved solar-based hydrogen

The €2.5 million EU Horizon 2020 project coordinated by HZB tests materials to stabilize a membrane for photovoltaic-based hydrogen production.

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BREAKING: SolarCity brand to disappear

Along with changing its name from Tesla Motors to Tesla Inc. the electric vehicle and battery maker will eliminate the SolarCity brand.

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Wacker’s polysilicon divison reports strong Q4

The German chemical giant finished off 2016 with increased sales and profit in its polysilicon division, as it remains the only Western polysilicon maker to sell directly into China.

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Solar and EVs to grab 10% of fossil fuel market share within decade, says study

Carbon Tracker and Imperial College London report calls solar power and electric vehicles ‘game changers’ whose potential impact is consistently underestimated by large utilities.

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Saudi Arabia to invite solar, wind bids in April, says minister

Requests to qualify for bidding for 700 MW of clean energy capacity will be sent on February 20, confirms Saudi energy minister Khalid Al-Falih.

Armenia to build its first solar power plant

More than 40 companies have expressed interested in a tender for the construction of a 50 MW solar power plant in Armenia. The project is a part of a US$58 million program to boost renewable energy in the country.

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AES claims world’s largest battery storage system

The 30 MW lithium ion battery system is the third massive system to go online in Southern California this week, totaling 77.5 MW of capacity.

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