Markets & Finance

Government proposal could pave way to tariff hikes and stunt growth of the power market, six associations warn in joint letter to president.

LONGi Green Energy Technology continued to ride the industry wave in the transition to high-performance mono-based products in 2018, with overseas mono-module sales volume of 1,962MW, a year-on-year increase of 370%.

Nedbank Limited has become the first private sector institution in South Africa to issue a Climate Bonds Certified Renewable Energy Bond.

Plan unveiled weeks ahead of election would invest AU$1bn to turn 4,000 education centres into virtual power plants by adding 364MW of solar and batteries.

Move to finance panel installations with US$13,000 facilities sees the light as smaller PV segment grows exponentially to hit 415MW in Q1 2019.

Leading ‘Solar Module Super League’ (SMSL) member, JinkoSolar has secured new solar panel orders totalling 10.7GW in the first four months of 2019, setting a company and industry record.

Socialist poll winners should retain minister Ribera after first few months of clean energy policy achievements, say PV reps and legal experts.

‘Solar Module Super League’ (SMSL) member Risen Energy has recently reported a decline in 2018 annual revenue and net profit, due to the overall decline in PV installations in China, which also led to pricing pressure across its PV module, PV encapsulant and EPC business divisions.

Canadian Solar subsidiary Canadian Solar Projects K.K. has expanded and renewed its credit facility with a syndicate of four finance leasing institutions led by Sumitomo Mitsui (SMFL), a member of Sumitomo Mitsui Financial Group.

EETC wants to progress Egypt's renewable energy programme through auction-based procurement, with advice from the IFC.