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GTM Research: global solar market to see 9% growth in 2017

Increasing demand for solar power in China has prompted analysts to boost their 2017 estimates, forecasting an increase of more than 9% this year, with the annual global market reaching 85 GW.

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Canadian Solar sells two PV power plants to Shenzhen Energy for $99.8 million

Canadian Solar is racking up sales in China with another two solar power plants traded for $99.8 million.

Macquarie reported to have acquired 330 MW of solar PV in India

Based on reports, an infrastructure fund of Australia-based Macquarie Group has acquired a large solar portfolio from India’s Hindustan Power.

Turkey: ET Energy breaks ground on 19 MW project for Astronergy

ET Solutions AG, a subsidiary of Chinese renewable energy firm ET Energy, has announced that it has started the construction of a 19 MW PV project in Turkey for German solar module manufacturer Astronergy.

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Greenpeace: China to see $782bn investment in solar, wind, by 2030

China is set to attract as much as 5.4 trillion yuan ($782 billion) in wind and solar sector investment between 2016 and 2030, off-grid solar stands out as the most economical way to address energy poverty, and curbing carbon footprint brings further environmental and economic benefits, finds a report by Greenpeace.

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India’s cumulative solar capacity tops 12 GW, says energy minister

Over the last fiscal year, India added 5,525 MW of new solar to push its cumulative capacity past 12 GW and affirm its status as one of the world’s leading solar powers.

SolarWorld wants issue of China trade practices raised during Trump-Xi talks

One of the pillars of Donald Trump’s election campaign was his pledge to protect the U.S. manufacturers from unfair competition. While it is still unclear whether he will follow through with his threats to increase import taxes on Chinese goods, SolarWorld has taken the opportunity of the historic meeting between President Trump and Chinese counterpart Xi Jinping to harangue China’s solar manufacturers and call for the issue of solar dumping to be raised.

EIB extends €200 million loan for solar projects in India

In its largest ever support for solar power in Asia, the European Investment Bank (EIB) has confirmed a €200 million ($214 million) loan to the State Bank of India.

UK: Wirsol Energy connects 19 solar parks ahead of ROC deadline

The solar subsidiary of the German renewable energy developer Wircon GmbH has managed to connect 19 solar parks totaling 105.5 MWp of capacity at various sites across the U.K.

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ADB extends $175 million loan to India’s PGCIL

India’s burgeoning renewable energy capacity is set to receive a boost in the form of a $175 million loan.

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