Jiangsu Zhongli Group, the technology and science group including integrated PV manufacturer Talesun, has guided Q1 2020 net loss due to COVID-19 impacts even as it approved plans for a US$222m raise.
Rystad predicts 1GWac-plus of solar could struggle to hit financial close as US$-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.
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.
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.
Figures coming to light in recent days show industry reached all-time highs in Germany and Spain and became part of broader renewable milestones in at least the UK and Australia.
‘Solar Module Super League’ (SMSL) member Canadian Solar has dismissed patent infringement claims regarding its IP on shingled-cell solar modules made by Solaria as "meritless and unfounded".
Country’s largest utility PGE says non-core areas will go due to the COVID-19 crisis but excludes PV and wind ambitions from the cull, a green energy thumbs-up by a hard-coal and lignite stalwart.
