Plus, U.K. analyst Cornwall Insight reports the price of green energy certificates in the nation could stay in the doldrums for some time and industry executives consider the upsides of the new virtual PV business.
Saudi developer ACWA Power has announced One Belt, One Road Chinese infrastructure partner Shanghai Electric will offer engineering, procurement and construction services on the next phase of the Mohammed bin Rashid Al Maktoum solar field in Dubai.
Tongwei has revealed its PV cell prices for August, while Canadian Solar has announced plans to list shares of one of its units in China. Energy China, meanwhile, has kicked off an auction for 1.2 GW of solar panels.
Plus, even stay-at-home orders and plunging commercial energy demand failed to take the sting out of Australia’s solar duck curve and China’s GCL System counts the first-half cost of the public health crisis.
Parliament has adopted Draft Law 3658 which can now be signed into law by the president. Payment reductions for solar have been further eased and curtailment will now be compensated but talk of extending the duration of the newly-reset FIT levels appears to have fallen by the wayside.
British Li-S cell manufacturer Oxis Energy today revealed it is working with U.S. planemaker Texas Aircraft Manufacturing on a pilot training and private transport aircraft. The trainer appears likely to be at least three years away from development, given the commissioning timeline previously announced for Oxis’ Brazilian cell factory.
Risen Energy has announced plans to expand its annual cell and module output by 13 GW. Datang, meanwhile, has published the results of the module tender it held for this fiscal year.
California-based investment banking group Roth Capital Partners has reported four flash explosions on Sunday and a fifth yesterday “working their way through the GCL facility across multiple systems in a chain-reaction-like sequence.”
The stunning findings of an investigation by the auditor into RMB1,022 million paid by Panda Green for the right to develop solar projects which never materialized included confirmation by the former chief finance officer documents were drawn up after the fact.
RES4Africa’s plan to offer a one-stop-shop to tap consolidate all the European sources of funding for African renewables aims to de-risk investments in large-scale renewable energy projects in the continent. The 171-page report entitled “Scaling Up Africa’s renewable power” provides an update on the “renewAfrica Initiative” launched by the RES4Africa foundation together with a range of European stakeholders one year ago.
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