Major semiconductor and specialist solar equipment manufacturer withdraws its business outlook for its FYQ2 as pandemic hits supply chain and manufacturing operations.
Anti-pandemic shutdown measures will help reach target-complying 40-45% emission cuts this year but a failure to invest in green growth may make progress temporary, country told.
The Solar Energy Industries Association (SEIA) has warned that support is needed for approximately 250,000 people that directly work in the US solar industry as COVID-19 could impact as much as 50% of the sector.
Group notes outbreak could see construction contracts postponed but insists it can reach 1GW-by-2020 installed capacity target, amid PV work in Brazil, Portugal, France and others.
Leading monocrystalline wafer producer and ‘Solar Module Super League’ (SMSL) member approves around US$985 million in capex on three separate capacity expansion projects totaling 25GW for 2020.
Government approves previously floated plans to allow renewable developers to invoke ‘force majeure’ clauses to win more time as virus continues to disrupt PV supply chains.
Major polysilicon and merchant solar cell producer, Tongwei Group is adding 40,000MT of high-purity polysilicon at a cost of around RMB 4 billion (US$563 million), which is to result in its total polysilicon capacity reaching 155,000MT in 2021.
Italian energy giant argues most of its EBITDA comes from contracted activities, with financial results showing firm built 3GW of green energy in 2019 and is eyeing a further 4GW in 2020.
Silicon Valley firm opts to close down facilities in California and New York following criticisms over staff exposure to pandemic, particularly at Fremont car-making facility.
‘Solar Module Super League’ (SMSL) member LONGi Solar has started volume production at its latest 5GW highly automated module assembly plant to produce its HI-MO 1 modules using large area 166mm x 166mm (M6) wafers.
