Max Hall
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.
China Solar’s latest attempt to relist put off until November
The scandal-hit Hong Kong-based solar manufacturer has had trading in its shares suspended for six years but white knight investor Cheung Shun Lee is hoping to get it back into operation.
Mayor of London wants another 2.5 MW of rooftop solar by next summer
A group buying program which has prompted more than 600 rooftop arrays across 14 boroughs in the capital is set to be extended next month with officials hoping another 700-1,000 households will embrace the scheme by June.
Utility scale, rather than behind-the-meter batteries will drive energy storage take-up – Bloomberg u-turn
The analyst has published its latest Energy Storage Outlook report and says large scale deployment will provide the majority of the 1,095 GW/2,850 GWh of battery storage worldwide in 2040, with prices driven down further by grid services demand and EVs.
