A wave of PV manufacturers listed on China stock markets have reported full-year net profit guidance for 2019 that indicates significant profit gains over the previous year.
Deal to sell 74% stake to Mumbai-based financial services group Edelweiss will pave way for ‘partnership’ where Engie will continue running solar assets on buyer’s behalf.
‘Solar Module Super League’ (SMSL) member, Trina Solar has started producing PV modules using the largest wafer size (210mm x 210mm) technically possible today with multiple other features to provide 500W-plus modules.
China-based integrated PV manufacturer, EGing Photovoltaic is planning major manufacturing upgrades and production relocation to return to competitiveness after guiding a full-year 2019 net profit loss.
Chinese PV developer and manufacturer Risen Energy has brought online a 50MW solar project that is billed as the first large-scale Kazakh PV plant to use trackers.
Leading monocrystalline wafer producer, LONGi Green Energy has signed a new wafer supply agreement with major merchant solar cell producer, Tongwei Solar valued at approximately US$1.88 billion, over a three-year period.
Switching to full renewables by 2050 in line with climate goals would see global solar create 22 million of a total 35 million new energy sector jobs, with batteries employing 4.5 million.
Funds raised by the Climate Finance Group will go towards grid-connected and distributed renewables, energy efficiency, low-carbon transportation and energy storage in Africa, Latin America and Southeast Asia.