Employment

The Norwegian manufacturer has delayed full shutdown of its U.S. polysilicon operation until mid July as President Trump and his Chinese counterpart are scheduled to hold talks in Osaka in two weeks’ time.

Initially, the company will construct a 16 GWh factory plus a joint venture fab with Volkswagen in Germany, which will also have a throughput of 16 GWh. Both factories could be extended to tap further into the large market for battery cells in Europe.

Stock in the polysilicon manufacturer appeared to be recovering in early trading on the Oslo exchange this morning after it cancelled plans for a private placement of as many as 50 million shares.

As the solar industry digests yesterday’s announcement by Theresa May of a net zero carbon ambition by 2050, developer Solarcentury says Downing Street is hugely underestimating the role PV can play in achieving that milestone.

Italian industrial group Maccaferri, the parent company of the insolvent EPC contractor, has also filed for insolvency for another three units of its energy business.

Leaving with a last hurrah, Brexit casualty prime minister Theresa May has announced a statutory instrument to amend the Climate Change Act of 2008. The law currently prescribes an emissions cut of 80% by 2050, from a 1990 baseline. The new law will aim for net zero emissions by 2050, making the U.K. the first G7 nation to pass such legislation.

Flying in the face of claims the rise of China’s clean energy sector undermines the security of developed nations and harms the profitability of their businesses, a research paper argues such a view is outdated and ill-advised. It presents four opportunities for Western players to tap ‘Green China Inc’.

The ambitious climate, jobs and social program has encountered strong resistance from some national unions, and not only those connected to professions linked to traditional power industries.

Climate change and environmental protection were a top priority for the elections held in April. With solid green backing from the electorate and an ambitious domestic agenda, Finland is due to assume the EU presidency from Romania. Across the EU green parties are gaining ground but the bloc has yet to draft a comprehensive climate protection bill. Finland’s ambition could change that.

The former director of Fraunhofer ISE will be officially elected at a general assembly planned for September. The ESCM wants a strong Europe to be part of the Fourth Industrial Revolution and also pay attention to sustainability.