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‘Ukrainian gas – and renewables – can offer Europe energy security’

While the chief executive of Ukraine’s biggest private energy company scrupulously mentioned the role renewables could play in counteracting the Nord Stream 2 gas pipeline, he called for his country’s gas market to be liberalized just as the European Commission appears set to rubber stamp gas as ‘sustainable.’

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Chinese PV Industry Brief: Jinko switches on 8 GW TOPCon factory, Tongwei announces skyrocketing profits

Solar manufacturer JinkoSolar announced on Wednesday that its 8 GW TOPCon cell factory in the Anhui Province has started manufacturing activities. Polysilicon supplier and solar cell maker Tongwei announced on Thursday it expects to achieve a net profit of up to RMB 8.5 billion ($1.33 billion) with a YoY increase of around 136%.

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Maldives to turn to solar for outer islands

The Indian Ocean island nation, which has been a prominent voice in the global calls to combat rising sea levels, will get technical assistance from the Asian Development Bank to draw up a tender for 20-30MW of photovoltaic generation capacity.

Chinese PV Industry Brief: PetroChina reveals results of 4.5GW procurement tender

The energy company will buy panels from JinkoSolar, Risen Energy, Canadian Solar, JA Solar, GCL Integration and Longi. Elsewhere, Xinyi Solar and Golden Solar have both announced new transactions to strengthen their business.

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Shunfeng set to sell off another 130MW of solar farms

The developer is aiming to resume trading in its stock tomorrow ahead of a shareholder vote this month which could remove more than half of the $220 million it owes creditors in overdue payments.

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Chinese solar developer suspends trading in stock

Heavily-indebted Shunfeng International could be set for another big sell off of solar assets as it tries to pay down a near-$300 million overdue debt pile.

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Chinese Industry Brief: CATL inaugurates 120 GWh lithium-ion battery factory

The lithium-ion battery producer began manufacturing activities at its new factory in Ningde city, Fujian Province. Aiko Solar has also secured 4,515,000,000 wafers for the next three years through three different supply deals.

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EBRD package to pay for 27 MW of solar in Turkish city

The London-based development institution will offer up a loan and grant to fund the construction of five solar plants at municipal sites across Gaziantep, as part of the lender’s Green City program.

EU to rule on planned Canadian investment in Spanish rooftop business

The European Commission has called for submissions from parties with an interest in a proposed investment in Powen by Brookfield.

EU approves renewables incentives for Greek islands

The European Commission has given its seal of approval to a government program which will drive an estimated 264 MW of solar and wind capacity across 47 islands while they await connection to the mainland grid.

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