But Israeli inverter company Solaredge and Indian engineering, procurement and construction services provider Sterling and Wilson have both offered hope of a recovery in Europe as Chinese glass producer Xinyi said it kept the furnaces going throughout the worst of the pandemic.
The British energy company has pledged to raise investment in low-carbon energy – including biomass and natural gas-fired hydrogen – tenfold by 2030 and said it would reduce its upstream oil and gas activity 40% over the same period.
The Norwegian company mothballed its Washington State facility more than a year ago and is now reliant on semiconductor-grade poly and silane gas produced at its fab in Butte, Montana – a facility for which the business says it has received plenty of interest from potential purchasers.
Two local authorities on the English south coast are tendering for up to 250 kW of solar generation capacity and at least 300 kWh of energy storage under an arrangement which should not cost the cash-strapped councils a penny.
Two solar glass makers kicked off the week with new deals and solid earnings reports while the Chinese government revealed it may issue bonds to fund clean energy incentives.
Xinyi Solar has revealed another impressive set of figures and plans another 1,000-ton-per-day production line this month plus a new mine to source raw materials in September.
Li Hong, former chief finance officer of the now-state-owned Chinese solar developer has reportedly told Panda Green the information he gave KPMG investigators about $146 million of missing project rights payments ‘may not be accurate.’ He has refused to be interviewed again by the investigators.
Shanghai Electric has won a contract to build the fifth 900 MW phase of a 5 GW solar park in Dubai. JA Solar also agreed this week to supply 138 MW of PV modules for two projects in Jordan.
The auditor cited the threat posed to the debt saddled business as the reason for resigning its role, effective from today.
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