Max Hall
European industrial strategy makes no mention of solar
The move has been welcomed as a step in the right direction by lobby group SolarPower Europe nevertheless, particularly as it envisages bringing together EU low-carbon businesses. The outline ambition will now be considered by the European Parliament.
Solar lobby group’s UK budget demands unlikely to be heeded
The UK Solar Trade Association has laid out its wish list ahead of new chancellor Rishi Sunak’s first budget speech tomorrow, with an exemption of solar from onerous tax valuations top of the agenda. COVID-19 measures, though, are likely to cast everything else into the shade.
Project developers can secure cash from new IRENA funding pot
The Climate Investment Platform launched by three multilateral bodies in September is now open for business and renewables companies in developing nations could qualify for help with clean energy facilities, renewables-related grid improvements and energy efficiency schemes.
UK includes solar in new generation capacity auction
The announcement by the Department for Business, Energy and Industrial Strategy of an auction which will include solar next year appears to back prime minister Boris Johnson’s claims to be serious about the nation’s net-zero carbon ambition.
Lithium miner expects profits to plunge 65%
Ganfeng Lithium blamed a falling lithium salt price for its expected woes, rather than the effects of the COVID-19 outbreak on operations which it spelled out last month.
New hold-up in proposed $536m windfall for GCL New Energy
The proposed acquisition by state-owned China Huaneng of 294 MW of GCL project capacity in China has been delayed a second time.
International consortium claims 25% efficiency for perovskite CIGS solar cell
Researchers led by Belgian institute imec claim to have achieved the result with a 1cm² perovskite tandem solar cell. The result tops the 24.6% efficiency the consortium announced in September 2018. The cell’s developers are now aiming for 30%.
Debt-saddled solar developer has state appointee take over as chairman and CEO
Zhang Ping, a 30-year coal-fired power industry veteran, has taken the helm at Hong Kong-listed Panda Green, days after a $230 million bail-out by state-owned Beijing Energy Holding Co Ltd.
SolarEdge figures tick all the boxes for investors
Lack of flannel in the latest quarterly and full-year filing indicates the Israeli inverter maker is happy the figures speak for themselves. The company is in an expansionary mode as it enters the energy storage and electrical vehicle markets with cash from its financial warchest.
India to add 34 GW of solar through 2024
Consultancy Bridge to India has looked into its crystal ball to predict India will add 10 GW of solar capacity this year and the same next year before deployment slows to 7 GW per year in 2022 and 2023, dogged by hurdles such as an inexplicable ongoing demand for new coal-fired power plants.
