Max Hall
Solar, storage and wind can keep us on track as far as 2030
This year’s New Energy Outlook report by Bloomberg New Energy Finance predicts renewables can keep us on track for less than two degrees of global heating for the next decade. But after that, other technologies will have to do their bit.
Xinyi revises plans for shares placement
The glass maker is set to issue fewer shares – at a higher value – in its solar glass subsidiary as it aims to generate funds for two new PV glass production lines in China.
REC Silicon suspension will hinge on G20 meeting between Trump and Jinping
The Norwegian manufacturer has delayed full shutdown of its U.S. polysilicon operation until mid July as President Trump and his Chinese counterpart are scheduled to hold talks in Osaka in two weeks’ time.
IEEFA joins calls for policy clarity about UK’s net zero ambition
An energy finance consultant from the international thinktank has added his voice to demands Theresa May, or her successor, spell out exactly how the decarbonization target will be met, and cited failings on solar as a warning on how not to proceed.
Norwegian wafer maker and US mounting system supplier join the solar gold rush
It is not just the big beasts of Chinese solar that are investing in aggressive expansion as high-efficiency wafer maker NorSun and tracker supplier GameChange Solar make big announcements. The New York company, however, may fall foul of President Trump’s America First trade mantra by opening production lines in the Far East.
Solar could bring 200,000 jobs to the UK by 2030 – but only with government backing
As the solar industry digests yesterday’s announcement by Theresa May of a net zero carbon ambition by 2050, developer Solarcentury says Downing Street is hugely underestimating the role PV can play in achieving that milestone.
Plug-in hybrid cars have as much longevity as Betamax and MiniDiscs – stick to pure electric
A report on the prospects for a mooted $2.6tn electric vehicle market over the next decade says PHEVs – part electric, part gas-guzzling – are already losing market share rapidly to pure electric rivals, and will be extinct by 2030.
Shareholder dissent clouds boardroom appointments at GCL-Poly
There was significant opposition to the re-appointment of three executives at today’s AGM, suggesting unease at a strategy that involves loading ever more debt onto the manufacturer as it bids to rapidly outgrow its rivals in terms of production capacity.
New solar cheaper than coal in Vietnam within three years
A study of the relative costs of generation using coal and PV has focused on Vietnam as a case study as the nation is dependent on costly imports of seaborne coal. Analysts paint a straightforward picture explaining why a planned 32 GW new coal pipeline should be shelved.
GCL-Poly dilutes stock to raise $87m to keep on top of debts
The polysilicon and wafer maker has been busy raising cash of late by indulging in a fire sale of project assets. With plans for ever larger production capacities to fund, it has now announced the issue of new shares amounting to more than 8% of the existing stock.
