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Financial incentive needed to drive UK energy storage

The lack of an incentive regime for battery projects and the like – whether a fixed feed-in tariff or market-driven contracts-for-difference program – is likely to see the COP26 host miss its 100%-clean-power-by-2035 commitment, according to K2 Management.

Chinese PV Industry Brief: Daqo wiped debts as poly price continued to rise

The worldwide solar boom is proving so profitable the polysilicon manufacturer is even thinking of turning to PV panels to power its manufacturing operations, rather than cheap coal.

UK developer announces 1.3 GW of solar capacity and 2 GWh of batteries

London-based – and apparently Moby Dick-inspired – Queequeg Renewables has revealed plans for a slew of solar projects and a string of battery plants which will provide grid balancing services.

Jinko and Tongwei strengthen supply chain tie-up

The former has committed to invest more than $70 million into a 100,000-ton polysilicon production line in Leshan that will then supply it with 30,000 tons of its output annually.

SolarEdge posts more record numbers and says the good times are set to continue rolling

The inverter and battery manufacturer said it has been sitting on a record order backlog for the current three month window and the opening quarter of the new year, which may in part be down to a long Covid shutdown at its Vietnamese production base.

GCL-Poly says staff at state company gave misleading responses to investigation into problematic pre-payment

“Junior” figures at state-owned Sinomec Refinery & Chemical Corp told investigators from then-GCL auditor Deloitte that most of an advance payment made for a granular silicon plant had been passed on, in a bid to dissuade GCL from halting the EPC contract, the solar manufacturer said on Friday.

IPO to finance first slice of planned 500 MW-plus solar field in the Philippines

Solar Philippines will tap stock market investors to back the first section of a solar project in Luzon it says will eventually be the largest in the region.

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Shunfeng misses deadline to settle 2016 corporate bond

The company is planning another sell-off of solar projects, with two solar farms with a total generation capacity of 93 MW earmarked for divestment to state-owned China National Nuclear Power – provided the sites can come up with their rent arrears.

Tesla places battery grade lithium hydroxide order with Ganfeng

The deal with the high-profile electric car company, announced today by Ganfeng, comes three days after Tesla reportedly placed an order with CATL for 45 GWh of lithium iron phosphate batteries.

Green loan for 70 MW-plus rooftop solar program in Singapore

The city state is aiming to install panels on more than 1,200 public housing blocks of flats under the fourth phase of its national rooftop solar initiative.

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