A new peak solar generation record has been set in the UK, with the industry citing the pivotal role of a collapse in air pollution levels following the roll-out of lockdown measures.
Renewables generators have been reminded that power produced during extended periods of negative pricing cannot receive subsidy payments under European regulations.
Firm says green energy ‘mission’ will steer actions at time of COVID-19 uncertainty, as shareholders back US$500m raise to fund US$1.8bn plan to deploy solar and wind in Chile and Colombia.
Order signed by US president grants importers 90-day deferment on the payment of duties, taxes and fees to help with COVID-19 impacts, but does not extend the lifeline to PV components.
Government asks states to set aside land for new factories in busy week for Indian renewables, featuring the results of 2GW solar auction and the granting of new deadline extensions.
Solar and storage among key drivers of a transformation IRENA believes could unlock US$98trn GDP boost, tapping into green principles to turn the page from this year’s economic shock.
New deal will see green energy body IRENA assist with large-scale roll-out of solar and others, a plan for continent to tap into its vast renewable resources to power its response to COVID-19.
The ‘Solar Module Super League’ (SMSL) member expects continued quarterly losses in Q1 2020, given the COVID-19 related issues impacting its business operations in the reporting period.
Jiangsu Zhongli Group, the technology and science group including integrated PV manufacturer Talesun, has guided Q1 2020 net loss due to COVID-19 impacts even as it approved plans for a US$222m raise.
Rystad predicts 1GWac-plus of solar could struggle to hit financial close as US$-AU$ gap widens, while RepuTex consultants say larger green energy ventures will weather era of low power prices.
