Bangladeshi solar installers call for waiver of state loans
Installers which took advantage of cheaply-priced government finance say customers affected by the Covid-19 crisis cannot afford to pay for the solar home systems they have rolled out while expanding renewables programs.
REC Group mulls French module gigafactory
The Norwegian solar manufacturer is considering a 2 GW heterojunction solar module factory in Sarreguemines, in the northeast of the country.
Covid-19 weekly briefing: Evidence abounds of renewable energy gains at the expense of fossil fuels as the clamor for a green recovery rises
Portugal set a new coal-free record because of the pandemic as Belgium and Israel moved to help the renewables industry. But there was grim news in Mexico and Turkey, and Bangladeshi clean energy firms have appealed for more assistance.
Bangladeshi solar module companies seek Covid-19 stimulus package
Industry representatives call for a $59 million, five-year package of grants, loans and tax incentives from the government after Dhaka extended a coronavirus-driven industrial shutdown into the middle of the month.
Covid-19 weekly briefing: A cold wind for APAC renewables, respite for Indian developers and another salary cut for SunPower execs
The coronavirus epidemic continues to batter the global economy, including the solar industry, but falling demand during lockdowns has brought negative energy prices as well as helping drive record solar generation, amid less-polluted skies.
Beijing bail-out saved the day for Chinese solar developer
A rebranded Singyes Solar was able to stave off a debt default meltdown last year thanks to a $200 million cash injection from the state but the turnaround appears to have come at a hefty cost in longer-term borrowings and employees.
Covid-19 daily bulletin: Italian PV developers do their bit for the nation
Solar project owners responded to an appeal to donate a portion of their solar incentive payments to the public health authorities as another multinational body emphasized the importance of coronavirus fiscal stimulus packages having environmentally-friendly conditions attached.
Covid-19 daily bulletin: Grim news from US and Australia but pandemic is not solely to blame
The U.S. solar industry experienced a wave of job losses last month and the public health crisis has driven foreign exchange losses which will jeopardize projects Down Under, but it is Angela Merkel’s government which is attracting the ire of German PV installers.
European leaders push ‘Green Recovery’ plan for post-Covid economy
Political support for the idea of linking Covid-19 exit strategies to green policy appears to be mounting in EU institutions. Easter, appropriately enough, may have injected new life into the idea.
Covid-19 daily bulletin: Renewables projects running at capacity in India
The nation’s Ministry of New and Renewable Energy has reiterated that clean energy projects have not been affected by falling electricity demand as a billion citizens have been ordered to stay at home.
