Canadian Solar sells two PV power plants to Shenzhen Energy for $99.8 million
Canadian Solar is racking up sales in China with another two solar power plants traded for $99.8 million.
Greenpeace: China to see $782bn investment in solar, wind, by 2030
China is set to attract as much as 5.4 trillion yuan ($782 billion) in wind and solar sector investment between 2016 and 2030, off-grid solar stands out as the most economical way to address energy poverty, and curbing carbon footprint brings further environmental and economic benefits, finds a report by Greenpeace.
Solargiga posts $34.7 million net loss in 2016
The Chinese PV manufacturer fell from a 2015 net profit of 16.4 million yuan ($2.4 million) to a net loss of 239.1 million yuan in the year to the end of December 2016.
GCL-Poly investing $826m in construction of 60,000 MT polysilicon plant in China
The clean energy company is spending RMB 5.68 billion on the creation of the poly plant, which will comprise 40,000 tonnes of new production capacity and 20,000 tonnes of relocated capacity from the firm’s existing facility in Xuzhou.
SolarWorld wants issue of China trade practices raised during Trump-Xi talks
One of the pillars of Donald Trump’s election campaign was his pledge to protect the U.S. manufacturers from unfair competition. While it is still unclear whether he will follow through with his threats to increase import taxes on Chinese goods, SolarWorld has taken the opportunity of the historic meeting between President Trump and Chinese counterpart Xi Jinping to harangue China’s solar manufacturers and call for the issue of solar dumping to be raised.
Dynavolt opens 6 GWh lithium battery production plant in China
The China-headquartered developer of batteries has inaugurated its new €400 million factory in the southern Chinese Province of Fujian that will specialize in the production of lithium-based batteries for C&I applications and electric vehicles.
Tempress & ECN develop process for IBC cell production
Equipment manufacturer Tempress has teamed up with Dutch research center ECN to develop a production process for n-type IBC solar cells with efficiency above 21%. A pilot of the new process was completed in just three months, illustrating its compatibility with mass production.
Solutions unveiled for next generation storage
Two innovative new technologies with potential applications in solar were unveiled this week. Research teams across the world are looking at new way to boost solar’s stability by integrating with storage. Scientists in Australia and in China demonstrate their innovative steps toward achieving this.
Huadian Fuxin posts $293.6 million profit in 2016
The Chinese renewable-energy developer’s consolidated installed PV capacity rose to 977 MW in the year to the end of December, on 177.3 MW of annual capacity additions.
ReneSola fourth quarter results show loss of $25.5m
The Chinese solar firm sees Q4 revenue slump 21.7% YOY, with gross profit also contracting 89.5%. Full year financials reveal similar losses as the company continues its shift towards downstream project development.
