Max Hall
Investment firm buys 320 MW of renewable energy capacity in Italy
Italian fund Green Arrow Capital has acquired the extensive solar and wind power generation portfolio from London-based Quercus Investment Partners. The value of the transaction was not disclosed.
China installed 920 MW of household solar last month
Hopes are high up to 5 GW of residential solar capacity will have been added by the time this month’s figures are added, as the household solar feed-in tariff still applies – but only until Thursday. However, the AECEA consultancy has again revised down its overall new capacity expectation for the year.
German supplier fields orders for 10 GW of PERC cell production lines in three months
RENA Technologies may struggle to feed the insatiable demand for production capacity in China fast enough and has welcomed orders worth ‘tens of millions of euros’ from three big clients.
Four out of five fossil fuel giants dismiss findings of report into EU lobbying efforts
Exxon Mobil and BP did not produce figures for their clean energy investment activity and Total responded only with its ‘low carbon electricity’ spending. Shell stated it had invested €1.6 billion in clean energy from late 2016 up to June and Chevron gave details of its spending to reduce emissions and enable ‘greater diversity of energy sources’.
Meyer Burger raises another $14m by selling software subsidiary
The Swiss solar equipment maker has already sold its corporate headquarters this week as it aims to generate a fighting fund until the hoped-for returns of a European PV manufacturing renaissance materialize.
UK’s Labour announces plans for 22 GW of new solar capacity by 2030
Although PV trails wind and nuclear in terms of its anticipated future footprint, the opposition party’s attempt to outflank left of center rivals on climate change has resulted in one of the world’s most ambitious national roadmaps towards a zero-carbon future.
Enel leaps up solar developer global ranking after project spree
The Italian fossil fuel company is not hanging around when it comes to diversifying into PV, with almost 1.5 GW of generation capacity plugged in since the start of last year. Canadian Solar has disputed Wiki-Solar’s positioning of First Solar as the world’s biggest PV developer.
Jinko launches Tiger module Down Under
The Chinese manufacturer has officially unveiled its high-efficiency product in Melbourne after celebrating a 13.6 MW panel order from the nascent Hungarian PV market.
Meyer Burger literally betting the house on HJT cell strategy
The Swiss equipment maker has announced a fresh, CHF18 million order from Oxford PV but the news may have been strategically timed ahead of today’s update that it has completed the sale of its headquarters building.
Fate of green hydrogen depends on ever cheaper renewables – for now
Analyst WoodMac has spelled out the urgent need to decarbonize the global hydrogen production industry. While the fuel can offer a sustainable grid balancing act for intermittent renewables, in its current fossil-fuel driven form it is pumping out more than 800 megatons of carbon into the atmosphere every year.
