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Hanergy Thin Film forecasts surprise 2016 H1 profit

The Chinese solar firm says that sales of its rooftop PV panels have grown by 200% in the past year, while revenues are 50% higher compared to the same six-month period in 2015.

Indian EPC Sterling and Wilson hopes to deliver 250 MW of solar power in Nigeria

The developer is currently in discussions with international solar PV developers to build up to 250 MW of solar capacity in Nigeria over the next two-to-three years following a recent push in the country to get 975 MW online.

Off-grid solar lighting could add 2m jobs to developing nations, finds Berkeley Lab

Adoption of solar-LED lighting systems in some of the world’s most impoverished nations could trigger net job boom, study shows.

Shunfeng warns of YOY 80% profit decrease

The Chinese solar power firm publishes preliminary assessment of first half finances warning of an 80% drop in group profit compared to the same period last year.

IHS forecasts 2.7 GW of new PV in Latin America in 2016

IHS highlights the relevance which public auctions have acquired for the growth of solar PV in Latin America. Argentina is among the new PV markets in the region, where a new renewable energy auction was recently launched with a quota of 300 MW of solar.

India to double large-scale solar target to 40 GW by 2020, says minister

Secretary of the Ministry of New and Renewable Energy confirms new generation target of 40,000 MW of solar park capacity likely to be signed off by PM Modi as India seeks buffer to SunEdison-type dangers.

Harvard adds organic electrolyte to redox-flow batteries

The research team from Harvard has taken a leaf out of nature’s book and has added an organic electrolyte, which was inspired by vitamin B2, to redox-flow batteries in an attempt to increase its energy storage capacity, as research into this style of battery continues to build up pace.

World's biggest solar + storage projects planned for Australia

Australian infrastructure investor Lyon Group says it plans to build the world’s biggest solar plus storage project in South Australia in the next two years, and sees a huge future for combined solar and battery storage plants.

Nigeria government signs MoU with IPP consortium for 300 MW of solar power

Nigus Greenergy and Volt Renewables have signed a memorandum of understanding for the development of 300 MW of solar PV plants in the African country to be developed and commissioned next year.

Sharp to jointly develop a 10 MW solar plant in Mongolia

The 10 MW site, to be developed by Sharp, Shigemitsu Shoji, and a local Mongolian partner, will be the country’s first large-scale solar plant and will be partially financed by the Japanese government.

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