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Blackstone Capital move for mounting system company under scrutiny

The European Commission’s merger and acquisitions body is running the rule over a plan by New York-based Blackstone Capital to take joint ownership of expansionary Esdec Solar, alongside private equity group Rivean.

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Merger activity heats up in African commercial solar market

Lagos-based Daystar Power is targeting 400 MW of installed generation capacity by 2025, after being acquired by Shell mere days after the Starsight-SolarAfrica merger announcement.

Chinese PV Industry Brief: Trina to build 15 GW solar module factory

Trina Solar plans to build a module factory in Huaian, Anhui province, while polysilicon manufacturer GCL Energy has announced plans to build a manufacturing base in Wuhai, Inner Mongolia.

AfDB announces cheap loans to back off-grid solar in Africa

The African Development Bank has announced that European and US donors will provide $20 million of concessional loans to support pay-as-you-go solar companies in sub-Saharan Africa.

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Hanwha Q Cells unit prepares investment in IT sales operation

South Korea’s Hanwha Q Cells is preparing to take joint control of LynqTech in Hanover, Germany.

China dominated global solar jobs market in 2021

The 2.7 million people employed in solar in China last year dwarfed the 250,000 working in the US solar industry, according to a new report by the International Renewable Energy Agency.

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Chinese PV Industry Brief: Eging to set up 10 GW of TOPCon solar panel production

Eging PV has signed a deal to build a 10 GW TOPCon solar module factory in Anhui province, while Tongwei has revealed plans to build a 25 GW cell factory in Jiangsu. Jolywood, meanwhile, has completed the first 4 GW phase of its 8 GW TOPCon cell factory in Shanxi province.

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Cape Town tenders for solar in bid to escape dependence on troubled utility

The city authority wants a developer to construct a 7 MW solar project for it as part of a push to widen its sources of electricity, and says clean energy will be cheaper than – largely coal-fired – grid power from Eskom.

Euro solar industry on course to support more than 500,000 jobs this year

Poland was the EU’s biggest solar jobs market last year, thanks to a national rooftop incentive program, but Germany’s push to repatriate solar manufacturing will help the bloc’s PV powerhouse back to the number one slot in three years’ time, according to SolarPower Europe.

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In Asean nations it’s all about the solar

Indonesia will have to get to work installing more than 24 GW of solar this year – and every year – if the region is to achieve the 2.1 TW to 2.4 TW of photovoltaics Irena has estimated it will require to achieve a net zero carbon energy system by 2050.

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