Despite an uptick in activity in June, India added just 351MW of solar generation capacity in Q2 2020, down 64% on the previous quarter, as the industry was hit by COVID-related constraints.
A joint venture between Sol Systems and financial services firm Nationwide has completed the purchase of 148MW of US solar assets from Cypress Creek Renewables.
Liam Stoker and Andy Colthorpe return for the August 2020 episode of the Solar Media podcast, reflecting on the biggest news stories from the global solar and energy storage ecosystems.
Major polysilicon and solar wafer producer GCL-Poly has warned investors that it expects to make a net loss of at least RMB1.5 billion (US$217 million) for the first half of 2020 as market demand and other issues impacted profitability.
China-based PV module manufacturer ZNShine Solar plans to more than double its manufacturing capacity by 10GW over the next two years, focusing on large-area, high-efficiency modules to improve its competitive position.
Ongoing project performance issues and tumbling power price forecasts cost renewables infrastructure investor John Laing £95 million (US$124.61 million) in the first half of the year.
First Solar has claimed its 141MW Luz del Norte solar project is the “world’s first” utility-scale solar facility licensed to provide ancillary grid services commercially.
Europe’s renewables sector stands well poised to deliver the huge scale of growth required to power a green hydrogen economy, but issues surrounding land and permitting will need to be tackled if the nascent sector is to fulfil its potential.
India should put in place immediately a basic customs duty (BCD) of at least 50% on solar equipment to safeguard the future of local manufacturers, the chairman of trade body All India Solar Industries Association (AISIA) said.
