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China’s cheap electricity crowds out foreign polysilicon

Imports from South Korea and the U.S. dwindled, year-on-year, ensuring Germany’s Wacker and the Malysian unit of Korean company OCI will supply the bulk of the world’s non-Chinese solar polysilicon this year.

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European Commission: Natural gas can be part of green transition

The EU today confirmed natural gas-fired power and heat generation facilities can qualify for Covid-recovery spending as long as they fulfil a maximum emission target or are accompanied by credible member-state plans to ramp up renewables usage.

Finance for 49 mini-grids in Sierra Leone and Uganda

Winch Energy has announced the project, which it hopes will be a significant bridgehead towards building $100 million worth of off-grid systems within two years, alongside Franco-Japanese partner Neot Offgrid Africa.

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Solaredge records pandemic progress despite tough final quarter

Full-year revenues nudged up despite tough comparisons with the end of 2019 for the final quarter of last year. The inverter maker expects to log revenues of $385-405 million in the current three-month window.

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UK makes Europe’s latest battery gigafab announcement

Coventry City Council, in the English West Midlands, wants to attract a £2 billion gigafab and is already in talks with nearby motor manufacturers, and with global battery suppliers, according to regional politician Andy Street.

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Renewables targets falling by the wayside, according to African solar survey

An overview of the state of solar across the continent by trade body the Africa Solar Industry Association has highlighted a patchy policy landscape where clean power ambitions are often not followed through.

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EU allocates more cash to help small businesses join green transformation

The European Union agency responsible for providing finance to small and medium-sized businesses will have 64% more funds to disperse after the EIB, European Commission and its other shareholders voted to raise its share capitalization.

Chinese PV Industry Brief: Tongwei and Jinko team up, as NEA sets new 2030 targets

China’s National Energy Administration expects renewables to represent 40% of the nation’s energy consumption by 2030, and proposed new targets for local and regional government authorities. On the manufacturing side, Tongwei and JinkoSolar announced plans to deepen their strategic cooperation, and Huadian Group has launched its first tender this year for 7GW each of modules and inverters.

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EU set to release initial €7.5bn of green transition fund

With the European Parliament formally voting through a €672.5 billion recovery and resilience fund, the baton will pass to the heads of the European Council and its grouping of economic ministers. It is hoped an initial, 13% slice of the fund will be available to member states from early next month.

Sunseap connects 23 MW in Vietnam under FIT regime

The developer said it installed and commissioned seven solar rooftops in just three months despite Covid-19 travel restrictions.

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