Companies

Motech, AUO and other industry players speak candidly at Energy Taiwan 2019 summit of how diversification and a strategic reboot have helped turn the page from fallout and layoffs.

The news comes weeks after the technology giant announced a raft of 1.6GW of undisclosed global renewable energy deals, including 720MW of US solar.

GES to build 97MW solar plant for Engie in Chile, Sterling & Wilson bags 200MW EPC order in Australia, BHEL tenders for floating solar equipment at Indian coal plant, ACC and Hyperion for JV in Hong Kong.

Major polysilicon producer Wacker Chemie has warned its overall group profitability for 2019 would be around 30% lower than the prior year, due to continued weak demand from the solar industry in China and continued polysilicon prices declines to industry record lows.

Renewables investor NextEnergy Capital (NEC) has made its second major solar acquisition in the US, cementing its position in the market.

The French firm sees huge potential for more floating PV in Brazil, which boasts substantial hydroelectric infrastructure and generates 64% of its electricity from hydro power.

The utility said the winning bid of $1.6953 cents per kWh is a world record for "PV solar power projects based on the IPP model."

Lightsource BP has announced its entry into the Spanish solar market with the acquisition of a 300MW project portfolio in Zaragoza.

LONGi Green Energy Technology Co, the largest monocrystalline wafer producer, has approved future PV module and solar cell manufacturing plans of 10GW and 5GW, respectively.

The investment, which is contingent on approvals, would help the Mansour Group-owned developer roll-out solar, wind, distribution infrastructure and EV charging systems in Egypt and neighbouring states.