Max Hall
Panda Green accepts $22.5m hit on sale of 540 MW of solar projects
The heavily indebted developer has cashed in two eight-project portfolios for an immediate $28 million windfall but accepted the sales recognize heavy losses as it continues to try and pay down debt.
Latest Malaysian tender attracts bids for 6.7 GW of capacity
The third round of the nation’s Large Scale Solar procurement program was oversubscribed more than 13 times its 500 MW limit. The final electricity price is likely to beat the previous $0.079-0.13/kWh to settle somewhere around $0.042-0.057.
Longi brings forward manufacturing capacity plans by a year
Having stated an intent to hit 65 GW of annual mono wafer production capacity by the end of 2021, the Chinese solar manufacturing giant has now said that landmark will be achieved next year.
‘Explosive growth’ ahead for Chinese PV predicts Solargiga
The Chinese manufacturer is holding out hope a boom that is expected to start imminently will help it turnaround losses that forced it to issue a profit warning last week. Getting its new production line in Qujing up to speed will help, provided the demand materializes.
Singyes $198m bail-out goes through
The solar manufacturer and project developer appears to have secured a crucial rescue package funded by Chinese state-backed Water Development (HK) and has persuaded the holders of most of its $430 million in defaulted debt to accept a restructuring plan. Next up, the Hong Kong High Court.
Singyes Solar shares suspended as it misses first-half results deadline
The embattled solar manufacturer – which is facing a winding-up petition lodged by Deutsche Bank Hong Kong – says it failed to publish the six-month update by the weekend because of a delay in producing its annual results for last year.
JinkoSolar unveils another impressive set of quarterly figures
The Shanghai-based solar manufacturer has maintained gross margin in a depressed domestic market by shipping ever more modules around the world and is pressing ahead with dramatic production plans on the eve of a looming solar boom.
‘Energy storage is not enough, a renewables grid needs flexible gas back-up’
The managing director of London-based energy infrastructure company Statera has told pv magazine a clean energy grid in the U.K. will require as much flexible gas plant capacity as battery storage.
Ganfeng Lithium prepares solid-state battery test line
The Chinese company is ramping up R&D efforts to try and fast-track commercialization of the more productive – and more expensive – battery tech. The news was announced as part of an uninspiring first-half update thanks to falling lithium salt prices.
Jinko: ‘The days of mono will soon be behind us’
A spokeswoman from the Chinese manufacturer of the Swan series of double-sided solar panels says monofacial modules will soon be consigned to residential use as the price gap between them and higher-yielding bifacial products rapidly closes.
