china

The UK and Germany appear to be increasingly at odds over the future of the solar price undertaking between the EU and China.

China-based PV energy provider United Photovoltaics Group is taking PV manufacturer and PV project developer Hareon Solar Technology to the China International Economic and Trade Arbitration Commission over failure to supply a total of 930MW of PV power plants under a previous agreement.

Solar developer SPI Energy has invested around US$4.6 million in an electric vehicle rental service in China, with the company expected to build branded charging stations and leverage its PV business to finance its growth.

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.

Huawei will provide China Minsheng New Energy with 15GW of its smart PV systems over the next five years.

China’s government is apparently pressing ahead with plans to trim feed-in tariff rates for on-grid solar from early 2016.

The European Commission has handed down anti-dumping and anti-subsidy duties of 53.4% and 11.5% to Malaysian and Taiwanese firms that enable Chinese solar products to dodge existing trade laws.

Chinese downstream firm United PV has issued US$100 million in bonds in return for the construction, ownership, maintenance and operation of 160MW of projects.

UK energy secretary Amber Rudd has been lobbying the European Commission over its continued enforcement of the minimum import price (MIP) on Chinese solar modules.