The recent extension to the US investment tax credit (ITC) could enable First Solar to shift emphasis and therefore revenue generation to selling its CdTe thin-film modules to third parties rather than directly to PV power plant projects, according to a research note from Deutsche Bank analyst, Vishal Shah.
Taiwan-based merchant solar cell producer Solartech Energy Corp reported almost a 10% decline in sales for January, 2016, marking a line under record sales achieved in December, 2015.
The December climate deal in Paris is set to trigger a surge in the global green bond market, with issuances expected to surpass US$50 billion this year, rating agency Moody’s has said.
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.
