Major polysilicon producer Wacker Chemie has warned its overall group profitability for 2019 would be around 30% lower than the prior year, due to continued weak demand from the solar industry in China and continued polysilicon prices declines to industry record lows.
Aurora Energy Research report calls on the UK government to intervene to ensure that low-carbon technologies – such as flow batteries, compressed or liquid air storage, hydrogen storage, or gas with CCS – can be delivered on a large scale to meet 2050 net-zero target.
Complexity and costs may deter corporates from choosing avenue key to developers, lawyers Andrew Hedges, Caileen Kateri Gamache and Lee Donovan write in latest PV Tech Power issue.
Divestment of DG portfolio to Denmark’s Obton follows sales in countries including Poland and emerges after firm returned to profitability but noted rising short-term debt levels.
REC Group has officially started volume production of heterojunction solar cells and modules at its manufacturing complex in Singapore that will provide 600MW of annual capacity, when fully ramped.
Deal between developer Solar Ventures and private equity outfit Zouk Capital underscores rising market confidence in Italy as home to unsubsidised PV after years of standstill.
TenneT commits €215m to 380kV/110kV substations and other grid upgrades to relieve congestion, following months of political pressure over PV-driven bottlenecks.
