Norwegian wafer maker and US mounting system supplier join the solar gold rush

It is not just the big beasts of Chinese solar that are investing in aggressive expansion as high-efficiency wafer maker NorSun and tracker supplier GameChange Solar make big announcements. The New York company, however, may fall foul of President Trump’s America First trade mantra by opening production lines in the Far East.

Solar could bring 200,000 jobs to the UK by 2030 – but only with government backing

As the solar industry digests yesterday’s announcement by Theresa May of a net zero carbon ambition by 2050, developer Solarcentury says Downing Street is hugely underestimating the role PV can play in achieving that milestone.

Plug-in hybrid cars have as much longevity as Betamax and MiniDiscs – stick to pure electric

A report on the prospects for a mooted $2.6tn electric vehicle market over the next decade says PHEVs – part electric, part gas-guzzling – are already losing market share rapidly to pure electric rivals, and will be extinct by 2030.

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Shareholder dissent clouds boardroom appointments at GCL-Poly

There was significant opposition to the re-appointment of three executives at today’s AGM, suggesting unease at a strategy that involves loading ever more debt onto the manufacturer as it bids to rapidly outgrow its rivals in terms of production capacity.

New solar cheaper than coal in Vietnam within three years

A study of the relative costs of generation using coal and PV has focused on Vietnam as a case study as the nation is dependent on costly imports of seaborne coal. Analysts paint a straightforward picture explaining why a planned 32 GW new coal pipeline should be shelved.

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GCL-Poly dilutes stock to raise $87m to keep on top of debts

The polysilicon and wafer maker has been busy raising cash of late by indulging in a fire sale of project assets. With plans for ever larger production capacities to fund, it has now announced the issue of new shares amounting to more than 8% of the existing stock.

Indian developer Azure Power turns a full year profit

A profit is a profit, even if it amounts to less than $2,000, and the NYSE-listed developer appears to have turned the corner after a $14,700 loss a year ago. Borrowings are on the rise though, as the company plans to drum up an ever larger project portfolio.

UK government may step in to impose minimum price for solar power sold to the grid

The launch of the U.K. Smart Export Guarantee regime today failed to include a price floor – as predicted by trade body the STA – but the government did not rule out future intervention. Commercial customers, however, still have no way of securing payment for their excess power.

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Dubai ready to explore floating PV in Persian Gulf

Amid mounting political tensions in the region, the city has issued a call for consultants to help it towards its ambitious 2050 climate goals through the use of a PV technology which is proving increasingly popular around the world.

GCL-Poly moves to become pure manufacturer

The polysilicon, ingot, wafer, cell and module giant made two huge announcements this week, with plans to almost double wafer manufacturing capacity just as it moves to sell off its PV project development business to state-owned energy giant China Huaneng Group.

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