Plummeting lithium price will further dent Ganfeng profits

Beijing’s sudden retreat on electric vehicle subsidies in the summer has caused the value of lithium to hit the floor, with disastrous effects on the balance sheets of Chinese companies which had invested big in supply chains to support anticipated huge demand.

State-owned Panda Green set to bank more public funds

The heavily indebted solar project developer has revealed the state-backed element of two trailed fire sales of 636 MW of solar and wind project portfolios in China. The divestments will generate up to RMB450 million for the company while recognizing RMB200 million in losses on its investments.

Tesla-based battery project launched in Slovenia

New company NGEN appears to have introduced the Powerpack battery to central Europe in a €15 million, 12.6 MW/22.6 MWh project in the northwest of the country which is the first of two planned utility scale systems due for completion by July.

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Singyes Solar figures tell story of a dramatic year in Chinese solar

The PV project developer and BIPV manufacturer has seen a glowing set of first-half figures published last year become a nightmare of lost income, debt defaults and frozen bank deposits. All eyes now turn to the business’ high court date on Wednesday.

German report makes recommendations for private PPA adoption in China

The German Energy Agency has drawn up a list of proposed measures which it says could help the world’s biggest solar market accelerate its clean energy plans through the adoption of subsidy-free – private – power purchase agreements.

Emerging markets help new faces into list of world’s top EPC providers

Although the Wiki-solar website ranking only gives a snapshot of PV project engineering, procurement and construction contracts outside China, it is nevertheless a useful indicator of the changing shape of the global solar market.

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Stock markets pumped $1.3bn into solar in the last quarter

Fundraising activity for solar leaped in the July-to-September period to provide healthy quarterly and year-so-far comparisons on 2018.

Singyes wants creditors to vote on debt reorganization in November

The solar developer today announced it will seek permission from the relevant legal authorities in Bermuda – the low-tax haven where it is registered – and Hong Kong, where it is listed, to hold a meeting to present creditors with a rescue plan they can vote on.

Solar helping UK clean up legacy of coal industry

The governmental body responsible for keeping mine pollution out of waterways has announced completion of the first phase of a plan to use solar to keep down its electricity bills.

Singyes shareholders show discontent

The holders of almost six million shares in the company voted against the reappointment of chairman and CEO Liu Hongwei as a non-executive director. On Liu’s watch the company has had to turn to a state bail-out from China to help ensure its survival.