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Utility acquires 150 MW First Solar project

Southern Power acquires Solar Gen 2 project. The First Solar scheme is set to be finished by the end of the year.

LDK subsidiaries request Chapter 11 protection in the US

Delaware bankruptcy court will consider request next month. LDK hopes to complete its restructuring this year.

Household solar 'safe' as Abbott takes aim at large scale renewables

Australian PM Tony Abbott wants to reduce amount of large-scale solar built up to 2020 by two-thirds with his ‘real’ 20 per cent target. The move was one of the recommendations of the discredited Warburton Review of the country’s renewables target.

Snap-together mounting system 'halves installation time'

Californian company secures $1m accelerator grant from US Department of Energy. Cash will speed the introduction of the SMASH PowerStation to market.

The pv magazine weekly news digest: Oct 18-25

With poly and solar energy price falls set to continue, it’s good news all round this week… apart from in Austin, Texas… and unless you are Tony Abbott… or an LDK shareholder…

PV puts other renewables in the shade in Israel

Israel’s government has approved the transfer of 520 MW of quotas for solar PV, signalling the beginning of an exciting time for solar power in the Middle East.

Deutsche Bank: Momentum continues in US solar market

The bank’s latest research note from the Solar Power International trade show predicts continuing U.S. market growth through 2015, as well as a potential deal on tariffs against Chinese solar products.

Daimler sells Tesla stake

The German carmaker bought a 9.1% stake in Tesla in 2009 for some $50 million and has now sold its remaining 4% in the company for $780 million. The two companies will continue to work together in the field of electric mobility.

REC Solar closes 300 MW supply agreements as third quarter revenue drops

The company’s recent product launch of its Peak Energy 72 cell and Peak Energy Z-Link series has resulted in deals with major U.S. solar developers, including Recurrent Energy, SolarCity and SunRun. Third-quarter business dropped due to the seasonal slowdown in Europe, however.

SolarWorld to wins $4 million US grant for next-generation crystallization tech

The group is working on the $12 million R&D project at both its U.S. and German facilities “to propel the company’s full-production module power density beyond a once-unimaginable milestone of 300 watts-peak.”

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