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.
PV Tech interviewed Gary Ye, vice president at KSTAR, to understand which markets the inverter manufacturer is targeting, what’s driving the market dominance of string inverters and the technological considerations for solar-storage hybrid projects.
Leading ‘Solar Module Super League’ (SMSL) member JinkoSolar set a new quarterly module shipment record in the third quarter of 2020, reaching over 5G of shipments.
India will provide additional support for domestic solar equipment manufacturers to help meet the country’s soaring renewable energy generation capacity, Prime Minister Narendra Modi has said.
Spanish utility Iberdrola aims to accelerate the production of green hydrogen after signing an agreement with Norwegian company Nel and creating a new venture dedicated to the installation and maintenance of electrolyser plants.
Solar manufacturer Yingli Energy has achieved what it described as a “critical milestone” after its restructuring plan was formally approved by a Chinese court.
Trina Solar and Tongwei have unveiled a multi-billion-dollar collaboration which will see the two companies invest in and co-develop multi-gigawatt solar supply facilities.
While the ongoing COVID-19 pandemic may have initiated something of a freeze on new solar financing deals in the US, significant interest in M&A remains and the incoming Biden administration could ease the logjam.
