Markets & Finance

The pledge comes one month after competitor Repsol outlined the same long-term commitment at COP25.

Left-wing alliance between PSOE and Unidas Podemos pledges move to cost-based tenders to ensure renewable boom results in cheaper bills for citizens.

LONGi Green Energy Technology Co, the largest monocrystalline wafer producer, has signed a new agreement to build a new 20GW wafer plant in Chuxiong, Yunnan province with further plans to expand capacity to 40GW in the future.

Energy suppliers in the UK have unveiled a mixed bag of tariffs for domestic solar exports, with O&G major Shell’s supply business unveiling a tariff of just 0.001p/kWh.

The Suria Sunghai Petani solar park will produce 170GWh annually to Malaysian utility Tenaga National Berhad, with a rate fixed at US$56.7/MWh.

‘Solar Module Super League’ (SMSL) member JA Solar has unveiled plans to bolster its output with a new cell manufacturing facility and module production plant.

Two energy storage modules have started producing electricity at the hybrid PV-CSP Noor-Ouarzazate solar plant in southern Morocco.

The US domestic installer has clinched a US$95 million revolving asset-based loan facility and a private placement of US$55 million aggregate principal amount of convertible senior notes.

Multinational utility Iberdrola has completed the giant 500MW Núñez de Balboa solar farm in Spain’s Extremadura region, claiming it to be Europe’s largest completed solar project.

US solar firm SunPower is to cut up to 160 jobs as part of a restructuring plan following the spin off of its manufacturing operations.