Electric transmission company Elia Group noted a bigger slice of the generation mix occupied by nuclear last year, just hours after a London-based consultant said the nation was on track to switch off its reactors before 2026.
While the chief executive of Ukraine’s biggest private energy company scrupulously mentioned the role renewables could play in counteracting the Nord Stream 2 gas pipeline, he called for his country’s gas market to be liberalized just as the European Commission appears set to rubber stamp gas as ‘sustainable.’
Solar manufacturer JinkoSolar announced on Wednesday that its 8 GW TOPCon cell factory in the Anhui Province has started manufacturing activities. Polysilicon supplier and solar cell maker Tongwei announced on Thursday it expects to achieve a net profit of up to RMB 8.5 billion ($1.33 billion) with a YoY increase of around 136%.
The Indian Ocean island nation, which has been a prominent voice in the global calls to combat rising sea levels, will get technical assistance from the Asian Development Bank to draw up a tender for 20-30MW of photovoltaic generation capacity.
The energy company will buy panels from JinkoSolar, Risen Energy, Canadian Solar, JA Solar, GCL Integration and Longi. Elsewhere, Xinyi Solar and Golden Solar have both announced new transactions to strengthen their business.
The developer is aiming to resume trading in its stock tomorrow ahead of a shareholder vote this month which could remove more than half of the $220 million it owes creditors in overdue payments.
Heavily-indebted Shunfeng International could be set for another big sell off of solar assets as it tries to pay down a near-$300 million overdue debt pile.
The lithium-ion battery producer began manufacturing activities at its new factory in Ningde city, Fujian Province. Aiko Solar has also secured 4,515,000,000 wafers for the next three years through three different supply deals.
The London-based development institution will offer up a loan and grant to fund the construction of five solar plants at municipal sites across Gaziantep, as part of the lender’s Green City program.
The European Commission has called for submissions from parties with an interest in a proposed investment in Powen by Brookfield.
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