The world’s number one poly maker claims the worst of the fall-out after Beijing’s policy change has already occurred, and will press ahead with plans to expand production capacity – but its development business may need to find new sources of funding.
Cheaper modules for its PV development activity boosted profits in the first half but, with no mention made of Beijing’s May 31 bombshell, it is notable 98.1% of revenue came from its domestic market.
Head of SolarPower Europe welcomes news of imminent Solarworld sale whilst predicting removal of EU trade barriers on Chinese-made panels will bring dormant market back to life.
The government has extended the payment system in Ninh Thuan by 12 months. But with a 2 GW cap and 1.9 GW in place already, new entrants may have to move fast.
The first-half results appear to indicate a renaissance for a thin-film manufacturer still suspended from the Hong Kong Stock Exchange, but a strategy of having affiliate companies invest in Chinese industrial parks to secure returns from the resulting orders for manufacturing equipment, may make would-be investors uneasy.
Chinese solar manufacturer reports a similar scale of first-half losses to the $15m profit it posted this time last year. Will the company’s decision to almost double module production capacity prove an inspired move or a mistimed disaster?
With the U.K. government apparently preparing to deal another blow to solar by abolishing export payments for small-scale generators, the contribution of the country’s agricultural sector to the industry could be more important than ever.
Chinese solar glass manufacturer will forge ahead with plans for three new Malaysian fabs – at some point – but EPC and development operations are fading into the shadows in the wake of Beijing’s new PV policy direction.
The departure of the popular Nicolas Hulot will be a blow to President Macron, but shares in the state nuclear agency rose immediately after the energy minister dramatically announced his resignation during a radio show.
Although lobbyists will be dismayed a 1 GW annual cap on PV will remain, the indications are it will disappear after 2030 – if not before – and renewables appear to have become a more attractive proposition than nuclear, as coal is phased out.
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