Just 5.2 GW of new PV generation capacity was installed in the world’s biggest solar marketplace in the first three months of this year. And virtually all of that was made up of small systems as developers wait to see what emerges from solar policy discussions in Beijing.
The polysilicon manufacturer will be one of the partners in a fund for the city of Leshan which appears to be planned chiefly to upgrade the poly production facilities of one of the company’s subsidiaries.
The world had more than half a terawatt of PV generation capacity at the end of last year as emerging solar markets picked up the slack caused by Beijing’s subsidy about-turn to the tune of a 20% rise in installations outside China.
Parent group Hanergy Mobile Energy appears to have gone quiet on its proposal for shareholders in its Hong Kong unit to vote on whether to shift their stock in an attempt to have the business moved to the Chinese exchange. The clock is running down until the Thin Film unit loses its Hong Kong listing.
All-electric buses will cost the same as diesel options by 2030 – and possibly earlier – according to research into the global EV market.
The poly maker’s project development business has entered a sale and leaseback deal for a 140 MW project that will bring in a financial lift in the short-term but cost more than $31 million over nine years.
A subsidiary of the poly maker and PV developer will commit more than $200 million of its cash to an investment fund which could then finance projects for one of its fellow GCL Poly Energy Holdings businesses.
The NEA has offered a broad hint that RMB3 billion will be made available in incentives this year – including RMB750 million for residential PV. Roth Capital Partners says achieving 40 GW of new capacity will hinge on timely action by the National Energy Administration.
The discovery could provide a great leap forward in the feasibility of using hydrogen-powered cars to curb global transport emissions.
The emphasis on grid-parity PV has been highlighted in a consultation document that has emerged after several weeks of haggling in Beijing. Chinese analyst AECEA says the success of any subsidy-free effort would hinge on the ability of power companies to transmit and guarantee consumption of power generated by new projects.
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