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.
Israel lauded for ditching coal – for gas
The Middle Eastern state has been praised for joining the global anti coal movement, but its plan to switch to natural gas is more a victory for pragmatism than the environmental or renewables cause.
Solar not in COP24’s spotlight
As the dust settles on an imperfect, but still welcome, international agreement thrashed out at COP 24, the chairman of the European Energy Research Alliance has criticized the solar industry for its lack of representation in Katowice.
Fine is mounting up against FAS
The Saudi developer is reportedly suffering fines of $700/MW/day for late delivery of a project at the Benban solar complex in Egypt as 180 MW of plants near completion.
COP24 live blog – Day 5
Max Hall is doing one last round of COP24 in Katowice for pv magazine to see whether the world can stave off climate disaster
