The first of Spain’s new clean energy auctions is set to take place next month, with the country’s government allocating a total of 3GW of renewables capacity.
According to Johannes Bernreuter, head of Bernreuter Research the supply of polysilicon for the PV industry will continue to be constrained in 2021, while significant overcapacity is looming in 2022 and possibly intensify in 2023.
Meyer Burger Technology has agreed a settlement with Swiss headquartered PV manufacturer, EcoSolifer over a 2015 on heterojunction (HJ) solar cell line contract that will result in a CHF 1.97 million (US$2.22 million) loss for Mayer Burger.
Solar EPC and O&M provider Greencells has successfully placed the first tranche of a secured green bond, raising €15 million (US$17.9 million) to finance a growth push.
Online retail giant launches solar and wind projects in France, South Africa, Italy and Germany for the first time, bringing its total renewable capacity to 6.5GW.
The UK should transition to zero carbon electricity generation by 2035 and have 85GW of installed solar capacity by 2050 if the country is to meet its net zero target, a landmark new report says.
Renewables developer BayWa r.e. has received a major capital injection of €530 million (US$642.3 million) through the sale of a 49% stake in the outfit to Energy Infrastructure Partners (EIP).
Solar inverter manufacturer SMA will supply German grid operator TransnetBW with feed-in data from regional power installations to alleviate grid bottlenecking issues as home-consumption and battery storage grows in popularity.
ACWA Power and Iberdrola are among the seven founders of a new coalition that aims to scale up the production of green hydrogen 50-fold in the next six years while halving production costs.
