Max Hall
China Power’s Hong Kong business on track for return to China
The High Court has approved plans for the Chinese state-owned power company to reassume control of its Hong Kong-listed solar project development business.
UK energy company loses license over unpaid renewables obligations
URE Energy repeatedly missed deadlines to settle a £209,000 bill after it failed to source enough of the electricity it supplied two years ago from renewable generation.
Daqo prepares for flood of new PV orders in China
The polysilicon manufacturer took a step back in the last quarter to take two steps forward in the next, bringing forward annual maintenance operations at its main production facility to prepare for a solar gold rush expected to start next month.
German industry body calls for 5 GW cell manufacturing fab in Europe
The VDMA says Europe can restart a solar production sector that can compete on price with Chinese imports by reducing transport costs – provided a Euro supply chain can be established.
Ganfeng Lithium’s Hong Kong-based shareholders rebel
Holders of almost two-thirds of the miner’s Hong Kong listed stock voted down a proposal to issue new non-Chinese shares that would dilute their investment by around a quarter. The board had proposed the move to raise funds for further lithium extraction overseas.
Asian battery manufacturers eye European riches on offer
A report produced by an AI and automation market research company says an anticipated boom in the European storage market – driven by a desire to reduce carbon emissions – will attract producers as demand outside China tails away.
China holds key to corporate solar take-up but lags way behind Texas at present
The Lone Star State accounted for almost half of the activity witnessed in the world’s biggest corporate clean energy marketplace but analysts are excited about the prospect of Beijing mandating companies to purchase minimum levels of green electricity.
Deutsche Bank attempts to wind up Singyes Solar
The German lender has issued a winding up petition over a $6.27 million debt and could scupper the manufacturer’s plans to restructure its defaulted payments and be taken over by a Chinese state-backed entity.
Debt-saddled Panda Green and Singyes wait on Chinese state-backed bailouts
With Singyes having already announced a plan to receive a cash injection and restructure its debt, fellow Hong Kong listed solar developer Panda Green today announced plans for a Beijing coal power company to ride to its rescue.
Japanese giants have solar operations on the down-low
Panasonic offloaded some of its PV interests to Chinese HJT cell maker GS-Solar and Kyocera is advertising further savings from its solar operations but neither business unit acted as a significant drag on wider group figures.
