Investments in renewables are hitting new highs in China, as recurrent Covid-19 outbreaks and a crisis-stricken housing market threaten the world’s second-biggest economy, according to BloombergNEF.
Tongwei is temporarily halting polysilicon output in Sichuan due to high temperatures, while Yingli has completed a 5 GW N-type solar cell base in Hebei. Shangji, meanwhile, has revealed plans to build a massive wafer and solar cell factory in Jiangsu.
The United Kingdom’s most energy-intensive manufacturers, already exempt from 85% of the contributions paid by other companies for green incentive schemes, could be spared from them entirely, according to a new consultation exercise.
New Mexico-based Array Technologies is keen to emphasize the revenue benefits of buying Spanish rival STI Norland and said US President Joe Biden’s Inflation Reduction Act would also be good for business.
Texas-based FTC Solar said it expects a “significant rebound” in its business in the final three months of this year, if it can secure sufficient supplies of PV panels.
EDP Renewables says the acquisition of a 70% stake in Kronos Solar Projects will open up the German and Dutch renewables markets to the Portuguese energy company.
President Ramaphosa’s speech this week included momentous plans for new solar and battery procurement as well as efforts to cut licensing and permitting delays as national utility Eskom scrambles to reduce the scale of black-outs.
A provincial government in the Philippines has installed a solar pump that will move water to a reservoir where fish can now be bred. The $124,000 system will also irrigate vegetables and high-value crops for two farmers’ groups.
The Dubai Electricity and Water Authority has a tendency to reveal changes in the project’s specification by publishing updates emphasizing the progress achieved to date.
In other news, Shuangliang secured a large wafer deal from the Chint Group and Tongwei raised the prices of its solar cells.
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