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Chinese PV Industry Brief: Xinte wants to increase polysilicon capacity to 100,000 metric tons

Xinte unveiled a $197 million plan to raise its polysilicon production capacity to 100,000 metric tons per year in Xinjiang. Longi signed a strategic cooperation agreement with oil and gas giant Sinopec to jointly develop hydrogen and renewable energies.

UK added 175 MW of solar in first quarter

More than 7% of the U.K.’s solar generation capacity is now unsubsidized, according to trade body Solar Energy UK, with the nation reaching more than 14 GW of photovoltaic projects during the first three months of the year.

Italy should embrace solar, not gas to hit raised climate ambition

Instead of splurging €11 billion of EU cash on uneconomic new generation capacity, the Italian authorities–and electricity bill payers–would be better served investing in a mix of current clean power technologies which would include almost 17 GW more solar capacity.

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Focus of off-grid funding shifts in Africa

West Africa hogged more than twice as much investment as the east in a year which saw stock market backing plunge an ‘alarming’ 46%, leaving donor grant funding and debt to pick up the slack during a Covid-hit year, according to off-grid industry body GOGLA.

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EBRD leads $6m green finance package for Armenia

Private sector businesses will be offered concessional loans to install solar and other climate change related equipment.

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Solar changing shape of electricity prices in Northern Europe

Rising volumes of photovoltaic project capacity are increasing the incidence of negative price periods for electricity–and changing the times of day when they occur.

Chinese PV Industry Brief: Another big polysilicon deal and rising wafer prices

Risen will sell 50,000 metric tons of poly to Shangji Automation and Zhonghuan Semiconductor has raised the prices of all its wafer products.

Chinese solar glass companies enjoy bountiful reporting season

An ‘explosive’, ‘booming’ global solar market in the second half of a Covid-hit 2020 saw the previous glass manufacturing overcapacity reversed, as float and auto glass producers bent all their efforts on making material for PV modules.

Solar power has to be about quality as well as quantity

Greater dispatchability will be required from solar as it becomes increasingly mainstream worldwide, or investors could experience diminishing returns as a victim of the technology’s success at bearing down on electricity prices.

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GCL auditor raises issue with accounts

Trading in the Hong Kong-listed company stock, which was supposed to resume this morning following publication of the overdue 2020 figures, remains suspended.

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