Max Hall
Historic shipment figures cannot mask huge profit hit for Jinko
With China’s latest pandemic clampdown exacerbating existing costs for raw materials and shipping, big annual rises in solar cell and module shipments added up to a more than 91% fall in income from operations in just three months.
Poland prioritizes renewables in pandemic-recovery plans
It should come as no surprise that clean energy spending is a big chunk of Warsaw’s four-year EU grant and loans package, given that the nation’s grid-connected solar capacity rose from 3.99 GW at the end of 2020 to 6.3 GW four months ago, according to the International Renewable Energy Agency.
Quebec publishes draft documents for 1.3 GW tender
The Canadian provincial government’s Green Economy Plan, launched in November 2020, envisages a 37.5% reduction in greenhouse gas emissions en route to net zero by mid century.
Wacker falls to fourth in global polysilicon ranking
The German company’s decision to cede market share to Chinese companies producing the material for solar panels, in order to focus on semiconductor-ready, electronic grade product, has seen it slip behind its rivals in terms of production scale.
Chinese PV Industry Brief: Tongwei wants to reach 1 million MT polysilicon capacity by 2026
Tongwei also announced it wants to expand its solar cell capacity to 70 GW by the end of 2022 and 102 GW by the end of 2023.
EBRD stumps up €46m for ‘Poland’s biggest solar park’
The London-based international lender has provided finance for the “up to 286 MW” project alongside Poland’s two biggest retail banks.
German solar supplier lands fresh $3m from EU entity
Redavia, which leases plug-and-play solar systems to commercial clients in Africa, secured the fresh credit line after settling a previous $2 million loan supplied by the EDFI ElectriFI European development finance institution.
Auditor of solar developer issues disclaimer on 2021 figures
As reported by pv magazine, BDO was not permitted access to the paperwork on 11 solar project companies sold by Shunfeng International in 2020 and, therefore, could not offer an opinion on the financial prospects of the business based on last year’s performance either, given the lack of comparative numbers.
The usual crumbs for solar in British energy strategy focusing on North Sea oil and gas
A mixture of home-grown fossil fuels, possibly including fracked shale gas; clean power; nuclear; hydrogen; and smarter grids, apparently in that order, will make up the UK’s proposed energy security response in the wake of Russia’s invasion of Ukraine.
Indonesia’s Riau Islands set for more big solar and storage
Developers are moving fast to meet Singapore’s clean energy needs by establishing overseas solar-plus-storage plants, with a strong focus on facilities in neighboring Indonesia.
