The French developer's solar business has grown 69% in the first nine months of 2019, generating nearly €90 million of revenue, while wind revenue has fallen.
EPC multinational marks operational launch of solar assets in Chile and India as January-September 2019 revenues nearly double year-on-year but net profit more than halves.
Firm sees slight revenue dip and minor EBITDA jump in first nine months of year when overseas PV portfolio reached 1.138GW, with new solar plays in Europe and America.
The US-headquartered high-efficiency solar panel maker is to spin off most of its manufacturing operations into a separate public listed entity, Maxeon Solar, which will include monocrystalline silicon wafer producer, Tianjin Zhonghuan Semiconductor (TZS) as an investor.
Recently, during part of travels to Asia region, I took the opportunity to meet up with Q CELLS CTO Daniel Jeong, to discuss new developments at Q CELLS and also share some thoughts on the industry and manufacturing trends today.
Costs have tumbled to such an extent that new-build LCOEs are catching up with marginal costs of non-renewables, says firm in update that finds storage is too becoming more competitive.
WoodMac: Coal’s bleak future and nuclear shutdowns mean milestone lies within reach Europe-wide even if UK could overshoot it while France, Spain, Italy, Germany miss it.
