The slowdown of the global economy in 2020 is ultimately going to impact the guidance and forecasting offered by all PV manufacturers during the first couple of months of the year, prior to the effects of COVID-19.
The PV inverter rooftop solar market in India was dominated by three China-based manufacturers last year, led by Growatt, according to JMK Research & Analytics.
Government asks states to set aside land for new factories in busy week for Indian renewables, featuring the results of 2GW solar auction and the granting of new deadline extensions.
Updated: High-performance PV manufacturer SunPower has idled all of its manufacturing plants located in the US, Mexico, France, Malaysia and the Philippines to restrict the financial and operational impacts of the COVID-19 pandemic.
Solar and storage among key drivers of a transformation IRENA believes could unlock US$98trn GDP boost, tapping into green principles to turn the page from this year’s economic shock.
The ‘Solar Module Super League’ (SMSL) member expects continued quarterly losses in Q1 2020, given the COVID-19 related issues impacting its business operations in the reporting period.
Jiangsu Zhongli Group, the technology and science group including integrated PV manufacturer Talesun, has guided Q1 2020 net loss due to COVID-19 impacts even as it approved plans for a US$222m raise.
Rystad predicts 1GWac-plus of solar could struggle to hit financial close as US$-AU$ gap widens, while RepuTex consultants say larger green energy ventures will weather era of low power prices.
Leading monocrystalline wafer producer and ‘Solar Module Super League’ (SMSL) member LONGi Green Energy Technology (LONGi Group) has guided for a trebling of net profit increase for the first quarter of 2020, up 210% compared to the prior year period.
Oil and gas major Shell is to ramp up its renewable energies division in order to decarbonise its operations and strive towards a net-zero-by-2050 target.
