International renewable energy provider GCL New Energy, a subsidiary of GCL-Poly has signed a deal to sell 7 operational solar power plants in China with an aggregate installed capacity of approximately 294MW to one of the five largest state-owned electric utility enterprises in China, China Huaneng Group.
Current pipeline lies at such advanced stages that 3.6GWac of PV and wind could be commissioned nation-wide after 2019’s market lows, say Rystad Energy consultants.
PV might have only seen 30.22GW added throughout 2019 but ‘year-end rally’ hinted at by latest NEA figures may indicate market will rebound more than expected in 2020, analysts say.
Independent renewable power producer, Grupo T-Solar has secured funding of €567.8 million to refinance 23 PV power plants located in Spain, totalling 127MW.
Leading monocrystalline wafer producer, LONGi Green Energy Technology has guided a surge in net profits expected for 2019, due to increased manufacturing scale lowering production costs and with significant growth in overseas market demand for its PV module subsidiary, LONGi Solar.
Industry association GÜNDER tells PV Tech it expects mix of large-scale tenders and net metering support for smaller systems will drive annual gigawatt-scale growth starting this year.
Andy Colthorpe and Liam Stoker are back reviewing the pivotal clean energy headlines from around the globe. Liam reports back from the World Future Energy Summit in Abu Dhabi where the future of the Middle East’s power grid was up for debate before the discussion moves on to Australia’s bush fires, the nation’s relationship with coal and what ‘Scotty from marketing’ might be able to learn from Germany.
Technology giant eyes full renewable electricity supply by 2025, while food group sets same goal for US operations and financial services firm claims to have already reached it globally.
Consortium bags contract for Gafsa PV plant after submitting a bid of US$0.0272/kWh, for 500MW solar tender meant to kickstart still-dormant clean energy market.
BNEF: American ITC rush and Spain’s subsidy-free shift help bolster 2019’s declining global solar finance figures, setting the scene for a boom of merchant and PPA-based PV this year.
World's largest asset manager will make sustainability "integral" to its investment portfolios and divest from thermal coal by mid-2020, according to open letters by CEO Larry Fink.
Industry reps join Green politicians in urging for more capacity after auction awards 501MW where 1.3GW was requested, the latest oversubscription instance of a series.
Specialist PV manufacturing equipment supplier Singulus Technologies has received a new order for CIGS thin film processing tools from existing customer, China National Building Materials (CNBM).
Brussels’ new roadmap to pour one trillion euros into the sustainable economy should first support “already available” technologies such as PV, says industry body SolarPower Europe.
Government tells PV Tech 700-800MW new solar tender is expected to launch in late March 2020 and will feature third bidding option for projects proposing energy storage element.
