Details of India’s proposed basic customs duty (BCD) on imported solar modules and cells are expected to be announced this week, according to a report in BusinessLine.
‘Solar Module Super League’ (SMSL) member First Solar has reported full-year PV module shipments of 5.5GW in 2020, generating net sales of US$2.7 billion.
Major polysilicon producer GCL-Poly has entered into an agreement with monocrystalline equipment and wafer producer Wuxi Shangji Automation Co to partner on establishing a 300,000MT Fluidised Bed Reactor (FBR) ‘granular’ polysilicon plant in Inner Mongolia.
Leading US residential solar installer Sunrun has reported record quarterly installations and revenue in the fourth quarter of 2020, pushing annual installs and revenue to new highs.
Independent power producer ReNew Power has agreed to go public through a merger with RMG Acquisition Corporation II, a US special purpose acquisition company (SPAC), in a deal that values the combined entity at US$8 billion
US residential solar installer Sunnova reported fourth quarter revenue down 24% from the prior quarter, while posting full-year revenue growth of 22%, year-on-year.
Soltec recorded a €4.9 million (US$6 million) loss last year as the coronavirus pandemic caused projects delays and an increase in costs for the Spanish solar tracker manufacturer.
Iberdrola has unveiled plans to double its spend on renewables, taking its investment from €75 billion (US$91 billion) by 2025 to €150 billion (US$182 billion) by 2030.
