French firm Engie, formerly GDF Suez, the largest independent power producer in the world, will announce a strategy for its transition away from fossil fuels in the coming weeks.
French energy company Total has acquired interest in two solar companies, Off Grid Electric and Powerhive, via its venture capital fund Total Energy Ventures (TEV), which invests in start-ups.
The clean energy industry has received a stark warning that it needs to commit more resources to lobbying to counter the efforts of a failing fossil fuel industry.
A global coalition aimed at driving investment in clean energy R&D looks set to be finalised by the middle of this year, the UK’s special envoy on climate change has said.
India has proposed a compromise in its trade dispute with the US by removing its local content requirement from private sector solar projects and continuing them in the public sector.
Major polysilicon producer Wacker Chemie said that its new polysilicon plant in the US had started ramping and existing plants remained at full-capacity despite continued price declines that have reached record lows.
China-based PV manufacturer and project developer Hareon Solar Technology said in a financial filing that it expected to report a small profit in 2015, avoiding delisting from the Shanghai Stock Exchange (SSE) in the process after stemmed three years of consecutive losses.
Asia-based polysilicon producer Tokuyama Corp said it would take a one-time impairment charge of ¥123.4 billion (US$1.02 billion) on its two polysilicon plants in Malaysia as ASPs were lower than expected and not inline with previous business guidance.
PV module manufacturer China Sunergy (CSUN) reported a strong recovery in total shipments and revenue for the third quarter of 2015, driven by strong module demand in China.
