Solar manufacturer Yingli Energy has achieved what it described as a “critical milestone” after its restructuring plan was formally approved by a Chinese court.
The exemption for bifacial solar panels from Section 201 tariffs in the US has finally been repealed, meaning bifacial panels imported into the US are now subject to tariffs of 20%.
Quotes for PV glass have soared this month, reaching a price of RMB43/㎡ according to prices compiled by PV InfoLink, with some small-scale suppliers even quoted prices of RMB50/㎡.
The UK government has published a ten-point plan for how it intends to accelerate a green industrial revolution in the country, but has omitted solar PV entirely.
While the ongoing COVID-19 pandemic may have initiated something of a freeze on new solar financing deals in the US, significant interest in M&A remains and the incoming Biden administration could ease the logjam.
Solar perovskite start-up Evolar has sourced investment from Norwegian renewables investor Magnora as it targets rapid commercialisation of the technology.
Greater digitisation will be a pivotal enabler for the utility-scale solar sector as it looks to deploy hundreds of gigawatts each year, Lightsource bp group COO Ann Davies has said.
