Leading ‘Solar Module Super League’ (SMSL) member JinkoSolar said that many of its senior management team have resigned positions in the NYSE listed JinkoSolar Holding Co ahead of the Chinese IPO of its main business unit, Jinko Solar Co (Jiangxi Jinko) on the Shanghai Stock Exchange Science and Technology Innovation Board (STAR Market).
Meyer Burger Technology has agreed a settlement with Swiss headquartered PV manufacturer, EcoSolifer over a 2015 on heterojunction (HJ) solar cell line contract that will result in a CHF 1.97 million (US$2.22 million) loss for Mayer Burger.
Solar EPC and O&M provider Greencells has successfully placed the first tranche of a secured green bond, raising €15 million (US$17.9 million) to finance a growth push.
Generating capacity from solar projects in developing economies reached 325GW in 2019, with China and India the biggest emerging markets for clean energy investment, according to new findings from BloombergNEF.
Renewables developer BayWa r.e. has received a major capital injection of €530 million (US$642.3 million) through the sale of a 49% stake in the outfit to Energy Infrastructure Partners (EIP).
With module suppliers currently seeking to hit annual shipment volume guidance for 2020, and many announcing ambitious expansion plans for 2021 and beyond, the sector is seeing a shift now in terms of module supply to global utility-scale sites.
Leading ‘Solar Module Super League’ (SMSL) member JinkoSolar set a new quarterly module shipment record in the third quarter of 2020, reaching over 5G of shipments.
Regulators in Europe should throw their support behind re-establishing a solar manufacturing base in the continent that could reach a capacity of 20GW and support more than 100,000 jobs, Meyer Burger and SMA have said.
