Max Hall
Solar the cheapest power source – so let’s use it to extract fossil fuels
In the wake of a COP24 climate change conference which emphasized the need to wind down fossil fuel exploitation rapidly, Kuwait is turning to PV as a sustainable solution – of ramping up its oil production.
Industry offers cautious welcome as UK government guarantees export payments after all
The Department of Business, Energy and Industrial Strategy has proposed a replacement for the flat rate FIT payment regime that is hard to argue with, as it is linked to the actual amount of electricity exported back into the grid.
Another NY legal firm files class action against JA Solar
Bronstein, Gewirtz & Grossman LLP claims JA Solar intended to relist on the Shenzhen exchange after merging with its holding company in July, but did not outline that intent when it asked U.S. shareholders to vote on the planned merger.
Law firm says JA Solar’s Nasdaq stockholders were left out of pocket by ‘backdoor listing’ in Shenzhen
A New York-based legal practice is preparing a class action lawsuit against the Shanghai-based manufacturer after it delisted from the NY exchange in July and then reappeared on its Chinese counterpart.
Abu Dhabi developer pledges to double renewables generation capacity to 8 GW within five years
The CEO of Masdar has reportedly told Reuters of his company’s ambition and said it would partly be achieved by developing projects in new territories.
Inverter maker SolarEdge to acquire Italian EV company
Israeli company will offer $77m – made of up cash and shares – for a controlling stake in electric vehicle power train manufacturer SMRE with the aim of then making the Italian company a wholly-owned subsidiary as the Italian government plans a big EV push.
The outlook is sunny for solar in 2019, according to Credit Suisse
Although the investment bank says large manufacturers will suffer from continuing panel price falls, developers will be able to take advantage and experts predict a resurgence in the global market next year.
Daqo relentlessly increases polysilicon output
Chinese polysilicon maker Daqo New Energy today announced it has raised its production capacity to 30,000 MT, with a further 5,000 to follow within six months, and 35,000 on top of that by the end of March 2020.
UK export payments won’t end – but they will get much smaller
The government has finally announced the results of its consultation on ending FIT export payments. With the vast majority of respondents against the proposal… it has responded by going ahead anyway.
Wacker Chemie reaches agreement with Yingli over poly supply deals
If the German polysilicon manufacturer is the ‘Supplier A’ referred to in the Chinese panel maker’s annual report, Wacker has negotiated a near $33 million settlement from arbitration. As part of the settlement, Wacker will continue to supply its counterpart with poly up to 2028.
