Small scale investors around the world have pledged cash to back a solar system to power winemaking and restaurant operations at the famous Groot Constantia estate.
JA Solar, TCL Zhonghuan, GCL Tech, and Ganfeng Lithium all announced increasing profits and revenue. Meanwhile, JinkoSolar expands its hydrogen business and Xinte Energy secures another big polysilicon supply deal.
Developers are making hay as far as PPA prices are concerned thanks to eye-watering wholesale electricity prices which mean they can just sell their solar and wind power on the open market.
The average global price of solar kilowatt-hours fell 13% on 2020’s prices, as around two-thirds of the renewables capacity installed last year was cheaper than the lowest-cost fossil fuel alternative.
REC Solar has announced plans for a PV module gigafactory in France, along with 17 other clean tech projects that will share €1.8 billion ($1.8 billion) of grants from the European Union’s Innovation Fund.
Private Infrastructure Development Group recently made a non-binding commitment in Brussels to a provide funds for a project that aims to bring 10 GW of solar to Africa’s Sahel region.
Longi has revealed plans to enter the inverter business through a partnership with Shenzhen Energy, while Solarspace has announced plans to open a 16 GW cell factory in Anhui province.
Kampala-based developer Aptech Africa says it plans to build a 12 MWp solar plant in Juba.
The Vietnamese government is reportedly concerned about legal action from solar investors if its new power development plan does not prove ambitious enough.
Trina Solar has started building a silicon-to-module production base in Qinghai province, while Jolywood said it is now producing new TOPCon solar cells in Shanxi province. Tongwei, meanwhile, said it believes that its net profit soared in the first half.
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