The latest 800 MW of the 5 GW solar field to go live takes Dubai past its 2020 clean energy target of 7% by ensuring 9% of the emirate’s power comes from clean sources, according to the Dubai Water and Electricity Authority.
Kibing Group and CECEP have announced plans to increase their PV glass and solar module capacities, respectively. China Energy Investment Corp is planning a 400 MW solar park in the Xinjiang Uygur autonomous region.
The polysilicon manufacturer says a lack of the raw material is causing a bottleneck for the industry but CEO has predicted it will be resolved as new production capacity comes online in the months ahead.
An extensive European Commission regulation has set the bar on those economic activities deemed to help in the war against global heating and, by implication, those which may hinder the effort.
A clean energy plan drawn up by the European Commission includes details of the various funding pots available to help ocean-based renewables hit 340 GW of generation capacity by mid century.
The latest, seven-project, 217 MW, $150 million project sell-off announced by the development business of polysilicon producer GCL-Poly means a lot will be at stake in the vote by its shareholders at an extraordinary general meeting in the new year.
The debt-saddled GCL New Energy solar project business of the polysilicon manufacturer is aiming to sell off solar farms to transform into an ‘asset light’ operation.
The solar manufacturer’s impressive third-quarter gross margin is set to fall back in the current three-month window because global shortages have seen some material costs double since the world came out of Covid-19 shock.
The Chinese giant plans to further strengthen the supply chain for solar modules based on 210mm wafers by establishing joint ventures with its rival.
Italy is in line for €11.4 billion if member states sign off an emergency funding package which will distribute funds based on the GDP and unemployment figures of their economies in June, July and August.
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