China-based Photovoltaics Energy Provider (PVEP) GCL New Energy, a subsidiary of leading polysilicon and solar wafer producer, GCL-Poly expects to raise approximately US$302 million by way of a rights issue.
China has set some ambitious targets for solar deployment over the next five years. Frank Haugwitz assesses what policy and power sector reforms will be required to enable these goals to be met.
GCL New Energy Holdings, parent company to GCL-Poly and developer GCL New Energy, has issued a profit warning to the Hong Kong Stock Exchange, with which the company is listed.
Shunfeng International Clean Energy (SFCE) and a branch of the state-owned China General Nuclear Power Group have signalled their shared intent to develop clean energy facilities in regions including Europe.
Fresh questions have been raised over measures to prevent “dumping” of cheap solar products from China into the EU, following the news that two more Chinese exporters have been removed from the undertaking.
A senior executive at Chinese manufacturer and project developer ET Solar has said hopes remain high for a negotiated settlement to the ongoing trade dispute between the US and China despite the lack of progress on the issue during a recent meeting between the two countries’ presidents.
The European Commission has rejected a request by EU ProSun to replace the pricing benchmark used to determine the minimum import price applied to Chinese solar products sold in the EU.
