The Australian electricity storage market “is on the rise,” tips IHS, in a release today. The analyst group says that the number of units installed annually will increase ten-fold in 2016, seeing the market in the top five for energy storage.

Singulus bondholders have approved the company’s debt-equity swap, which will provide the liquidity required to stay in business in 2016. The German equipment supplier announced today that the required bondholder quorum of 33% was reached, with attending bondholders approving the proposed deal with a 90% majority.

Indian minister indicates that the government is developing policy to foster solar manufacturing in the country. Minister for Power, Coal, New and Renewable Energy, Piyush Goyal said that he sees the potential for India to establish 10 GW of solar manufacturing by 2020.

Renewable energy advisory DNG GL has called for more sophisticated reliability testing for new and novel materials being deployed in the renewable energy sector. Alternative semiconductor technology, such as perovskites, and innovative battery chemistries will be required if the Paris climate goals are to be met, the international advisory group argues.

A group of solar industry workers has joined with some other European industries marching in Brussels today, to protest China receiving Market Economy Status (MES). AEGIS Europe is the group behind the march, arguing that MES status would give it, “an unlimited license to dump.”

Germany’s Sonnen has shipped its 10,000 solar battery. To celebrate the milestone Sonnen (formerly Sonnenbatterie) increased the capacity of the battery system for the 10,000th customer by 2 kWh and provided the household with free membership to its sonnenCommunity platform.

German solar module producer Solarwatt has released its 60M, 300 W dual-glass module, which it claims is world’s first 60-cell glass-glass achieving such a power rating. Solarwatt says the monocrystalline module is “virtually unbreakable,” losing less than 1% of its power output after 5,000 hours damp heat testing.

The European Commission has imposed import tariffs on Chinese producers which sell below minimum import prices and export via Malaysia and Taiwan. Five Malaysian and 21 Taiwanese producers have been expressly exempted from the duties.

The Australian large scale solar market segment is set to have a “breakout year” in 2016, with over 450 MW of project deals set to be signed. Green Energy Markets made the forecast today noting, however, that this level of development will be insufficient to meet the country’s Renewable Energy Target leaving electricity consumers to pick up the tab when shortfall penalties are incurred.

Finnish solar production equipment supplier Valoe has announced a deal to supply a 120 MW – 150 MW module assembly line to a new Ethiopian PV manufacturer, in a deal worth €15. 8 million (US$17.9 million). The deal is Valoe’s largest to date and will see it provide its Metal Wrap Through (MWT) cell interconnection technology.