With forecasters predicting the carbon price will top €100 per ton by 2030, the latest edition of a Fraunhofer ISE study into electricity generation costs has painted the renewables-versus-fossil fuels conundrum as something of a no-brainer.
With ‘shovel-ready’ projects across India, Africa and Latin America in line for a mix of grants, cheap loans, equity investment and financial guarantees from this year, the two bodies hope to trigger $20 billion in total funding and bring reliable power to a billion people.
The two solar manufacturers will get priority access to polysilicon produced at the planned fab in Inner Mongolia, which developer Xinte Energy has said will be fully operational by June 2023.
A response issued by the Ministry of Justice to questions from an MP has revealed anxiety about any official comments on a case which involves a Lithuanian solar developer claiming restitution from the state after it retroactively reduced feed-in tariff payments for clean power in August.
Furthermore, Zhonghuan Semiconductor has slightly reduced its wafer prices, while Longi has maintained them unchanged. Flat Glass is raising funds to support the construction of a new glass factory with a total annual capacity of 750,000 metric tons.
Furthermore, Germany-based large-bore diesel engines and turbomachinery company MAN Energy Solutions is acquiring the majority of shares in the Augsburg-based electrolyzer manufacturer H-TEC Systems, while the India H2 Alliance is expanding with the aim of building consensus for a common path towards hydrogen commercialization in India’s steel and cement sectors.
Belectric, Enerparc, Juwi and Baywa have almost 10 GW of project capacity under operation between them, according to monitoring service Solytic, roughly half the volume being managed by the next 32 biggest maintenance providers combined.
The investment has been planned as part of the nation’s recovery and resilience plan to access EU funds for its post-Covid economic stimulus package. The spending plans of Portugal and Greece have also been approved by the European Commission in the last 48 hours.
Solar Energy UK today called on the government to provide it with the same kind of support that has been extended to offshore wind companies.
First-half profits will be up at solar panel glassmaker Xinyi Solar despite the fact the price of the module raw material has been on a downward trend in the current three-month window.
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