Lithium Werks has ambitious plans for a global chain of utility-scale production lines that has secured the backing of the Netherlands government and PM Mark Rutte, as EU leaders contemplate a post-US trade future.
Hanwha Q Cells’ New York-listed business unit will come back under the company umbrella early next year, with a separate merger between two further units of the Korean conglomerate set to consolidate its solar expertise in house.
Deal negotiated with local electric utility for cheaper energy and a comprehensive modernization program will enable the poly maker to drive down production costs even more aggressively as it bids for market share in a swollen marketplace.
Labour this morning unveiled plans for an energy system free of greenhouse gas emissions by 2050, but it is unclear what proportion of the party’s “clean energy” mix would be met by nuclear.
The state’s second attempt to tender for 500 MW of capacity has made a mockery of predictions of rising PV electricity prices and exonerated utility for cancelling previous procurement round. But the absence of India’s cheapest solar energy generator from the latest exercise could be telling.
Chinese EV maker BYD passes the 600-sales mark in Europe with a deal – announced at the International Motor Show – which also takes it past 100 sales in Scandinavia, and more than 35,000 worldwide.
The world’s number one poly maker claims the worst of the fall-out after Beijing’s policy change has already occurred, and will press ahead with plans to expand production capacity – but its development business may need to find new sources of funding.
Cheaper modules for its PV development activity boosted profits in the first half but, with no mention made of Beijing’s May 31 bombshell, it is notable 98.1% of revenue came from its domestic market.
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