The proposed sale of seven solar farms in China will raise more than $80 million for the heavily indebted developer, which this morning confirmed trading in its stock had resumed after a nine-day hiatus.
In addition, JA Solar was able to ship 10 GW of modules in the first six months of the year and raise RMB5 billion for new production capacity.
The $800 million of private backing secured by Californian residential solar finance business GoodLeap helped the sector achieve VC and private equity funding of $1.6 billion in the first six months of the year, up from just $210 million a year earlier.
The latest renewables investment report produced by analyst BloombergNEF has noted backing for solar projects continued to rise in the first half as wind power investment fell back.
Friday’s announcement of a new arrangement in the Scottish Parliament has led to the inclusion of Green policies in a document issued jointly with the SNP. Solar gets a mention, but stays very much in the shadow of wind power.
GokinSolar has commissioned the first 15 GW unit of its 50 GW PV wafer manufacturing facility in Zhuhai City, Guangdong Province and Golden Solar New Energy Technology last week announced commercial production plans for the flexible, lightweight, cast-mono, heterojuntion (HJT) solar modules. Meanwhile, Longi has raised the prices of its wafers.
A rapid ramping up of deployment would have little impact on the electricity price during summer, when air conditioning drives demand to its annual peak in the Canadian province, but it would bring hefty savings on the annual gas generation bill, even before carbon levies are factored in.
While some analysts have said the raw material shortage has eased sufficiently of late for its selling price to stabilize, the chief executive of Xinjiang-based producer Daqo made bullish statements about his company’s prospects yesterday, based on an expectation of continuing tight supply of the solar panel component.
Newcomer Symbio Energy has been told it must hand over £450,000 it owes to the FIT program which reimburses small scale renewable energy generators. The payment is already a week overdue.
Emirati utility DEWA has said it expects a further 517 MW of photovoltaic and CSP generation capacity to come online this year at the Mohammed bin Rashid Al Maktoum solar field, after the first, 300 MW slice of the fifth phase of the sprawling development was recently inaugurated.
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