According to China’s National Renewable Energy Center (NREC), PV installations in the first quarter of 2019, declined by 46%, year-on-year to only 5.2GW.
Builder of first utility-scale projects and local association signal faith that like-minded government and supportive policy will clear way for renewable revolution.
Major China-based polysilicon producer and PV project developer, Xinte Energy Co has issued a profit warning for the first quarter of 2019, due to further polysilicon price declines. Xinte is a subsidiary of TBEA Co.
Sale plans by financial owner follows years of meteoric growth of firm owning 500MW PV portfolio for businesses in India, Middle East and South East Asia.
Fitch: Solid state support will help capacity soar from last year’s 26GW to 105.9GW in 2028, as impact of tariff and tax measures dilute in a few years.
According to Asia Europe Clean Energy (Solar) Advisory Co (AECEA), analysis of China’s National Energy Administration (NEA) consultation paper, released April 10, China will have a subsidy-free solar market with clear policies and frameworks in place, beginning in 2021.
Energy giant marks largest PV project to date with two plants set to power facilities of Exide, which in turn will manufacture the batteries used by the installations.
