Rystad predicts 1GWac-plus of solar could struggle to hit financial close as US$-AU$ gap widens, while RepuTex consultants say larger green energy ventures will weather era of low power prices.
SEIA, ACORE and others lament US federal energy regulator’s dismissal of request to reconsider PJM rule change, which the industry feels will ‘pad fossil fuel profits’ at renewables’ expense.
Leading monocrystalline wafer producer and ‘Solar Module Super League’ (SMSL) member LONGi Green Energy Technology (LONGi Group) has guided for a trebling of net profit increase for the first quarter of 2020, up 210% compared to the prior year period.
Oil and gas major Shell is to ramp up its renewable energies division in order to decarbonise its operations and strive towards a net-zero-by-2050 target.
World’s top asset manager cites appetite for ‘resilience’ in era of volatility as it smashes US$3.5bn target of GEPIF III fund, set to invest in solar, storage and other renewables and non-renewables.
New figures from regulator UPME show nearly 70% of all energy projects currently proposed are solar, setting the scene for growth spurt in the country using auctions to catch up on the renewable front.
China-based PV backsheet and high-efficiency PV manufacturer Jolywood (Suzhou) Sunwatt Co expects to report a small loss in the first quarter of 2020 due to the impact of COVID-19 on its materials and solar module manufacturing operations.
Massachusetts has issued an emergency regulation to its Solar Massachusetts Renewable Target (SMART) programme, that includes doubling the PV capacity it seeks to help deploy as well as mandating the addition of energy storage on projects over 500kW.
European independent power producer (IPP) Encavis has acquired a portfolio of Dutch solar assets with a combined capacity of 80MWp from renewables developer BayWa r.e.
Jolywood (Taizhou) Solar Technology Co, the PV module manufacturing arm of major PV backsheet manufacturer Jolywood (Suzhou) Sunwatt Co said it had made a conversion efficiency breakthrough with n-type TOPCon (Tunnel Oxide Passivated Contact) high-efficiency bifacial solar cells.
