Max Hall
London fund announces investment vehicle for new subsidy-free UK solar
NextEnergy Capital Group has secured a £100 million credit line from Spanish lender Santander as it aims to connect the U.K.’s largest solar plant to the grid this year.
Shuifa playing central role in bailing out distressed Chinese PV developers
The state-owned construction business which saved Singyes Solar with a US$200 million bail-out is now preparing to invest in a 75% stake in debt-saddled peer China Solar, whose shares have been unlisted since August 2013.
Chinese PV Industry Brief: Jinko Power and Trina Solar go public, profit growth for Daqo, and new dates for SNEC
Jinko Power has moved forward with plans to list shares on the Shanghai Stock Exchange, while Trina Solar said that the China Securities Regulatory Commission has approved its application for its own initial public offering. Polysilicon producer Daqo, meanwhile, reported solid first-quarter results, and the organizer of the SNEC solar show changed the exhibition’s dates and location once again.
Covid-19 weekly round-up: US job losses raise concern but France and China continued to add new solar
Cell supply shortages could kick-start manufacturing activity in India, EV car sales are braced for a fall while still gaining market share and a new date has been set for the world’s biggest solar trade show.
Chinese PV Industry Brief: 5.5 GW of PV procurement, new dates for SNEC, and a 200 MW project
Datang Group has launched a bidding process to procure 5.5 GW of PV modules and inverters for its own solar projects. The SNEC trade show in Shanghai has set new official dates, after being postponed in early April due to the Covid-19 pandemic. And Topray Solar is seeking to raise funds for a 200 MW solar project in Guangdong province.
Electric vehicles show more resilience than conventional cars during Covid-19 shock
EV sales are set to be 1.7 million off because of the economic fallout of the Covid-19 crisis, however analyst BloombergNEF predicts that will be less of a hit than the anticipated fall in sales of conventional cars, increasing the penetration of electric models into the overall market.
Panda Green owners look to lease developer out of onerous capital requirements
Beijing Energy, which is among a bevy of public entities holding stakes in the developer, is proposing one of its subsidiaries offer $211 million of leasing options to debt-saddled Panda Green.
Battery electric vehicle sales in UK were outpacing hybrids – before Covid-19 struck
Pure EVs had begun to claim a rising market share before coronavirus containment measures decimated sales last month. Even in the face of an 88% monthly fall in EV sales from March to April, however, clean energy models fared better than petrol and diesel sales.
Chinese PV Industry Brief: 3.95 GW of new PV in Q1, new 500 W-plus modules, and a panel with 23.2% efficiency
China’s cumulative installed PV capacity topped 208 GW at the end of March, thanks to 3.95 GW of new projects completed in the first quarter. JinkoSolar and Longi both joined the 500 W-plus module race, with their new panels offering 580 W and 530 W of output, respectively. Ginlong, meanwhile, has revealed plans to raise funds to increase its annual inverter production capacity to 20 GW, and Xi’An Solar has claimed a 23.2% efficiency rate for its N-type TOPCon modules in mass production.
REC Group confirms patent action against Hanwha in China
The Chinese state-owned solar manufacturer has filed a claim against its Korean competitor relating to REC’s split-cell and junction box technology.
