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Global PV markets

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.

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.

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.

Total control: billion-dollar buyout of Saft completed

The French giant has finalized the acquisition of the battery producer in a deal thought to be worth $1.1 billion, via the completion of a successful share tender.

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Meyer Burger receives another significant order for its MAiA technology

The Swiss company is continuing with its strong year, this time confirming an order from an unnamed Chinese manufacturer worth CHF 18 million for its MAiA 2.1 technology upgrade platform.

BPVA signs agreement with Iran to coordinate the development of 1 GW of solar

An eye-catching agreement was signed by the British Photovoltaic Association (BVPA) and The Renewable Energy Organisation of Iran (SUNA) last week, for the two to work together over the development of up to 1 GW of solar PV in Iran as well as a module manufacturing facility in the country.

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