Opening of annual summit this week sees island flex muscle as clean energy innovation hub but can its PV makers bounce back after years of battering by rivals in mainland China?
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.
Complexity and costs may deter corporates from choosing avenue key to developers, lawyers Andrew Hedges, Caileen Kateri Gamache and Lee Donovan write in latest PV Tech Power issue.
Divestment of DG portfolio to Denmark’s Obton follows sales in countries including Poland and emerges after firm returned to profitability but noted rising short-term debt levels.
REC Group has officially started volume production of heterojunction solar cells and modules at its manufacturing complex in Singapore that will provide 600MW of annual capacity, when fully ramped.
In an email exchange with PV Tech, the Dubai utility declined to comment on whether the tariff – allegedly submitted by a consortium led by Saudi Arabia's ACWA – was correct, with its CEO telling Bloomberg on Sunday it was "the lowest price worldwide."
Deal between developer Solar Ventures and private equity outfit Zouk Capital underscores rising market confidence in Italy as home to unsubsidised PV after years of standstill.
Developer's plan to ensure projects can tap into 30% ITC rate before it tapers follows similar move by installer SunPower, which bought 200MW of panels this week.
