After staring a party rebellion in the face, the U.K.s Conservative Party says that it wont oppose an amendment to the Budget, which exempts domestic solar panels from a VAT rise from 5% to 20%.
The countrys National Energy Administration (NEA) announces plans to triple capacity over the next five years, to cut Chinas carbon emissions and become the worlds leader in clean energy.
The sustainable energy organization outlined the second addition of its global roadmap, claiming that if it were to be adopted, it could save the global economy up to $4.2 trillion annually by 2030, as well as saving 4 million lives a year due to reduced air pollution.
The German chemical company had a successful 2015, raising revenues and its EBIT, and now expects overall growth through 2016, despite forecasting a significant decline in the EBITDA of its polysilicon business.
After conducting a pre-budget analysis, Green Alliance finds that investing in renewables instead of giving general energy subsidies would save GBP 420 million, while the Solar Trade Association calls for a level playing field in energy policy, and smart grid development.
The solar cell producer is planning to build a high-grade silicon production facility in western Thailand. However, to break into the market it may require more investment and a turnaround in polysilicon market prices.
JA Solar took advantage of the rise in the global solar market in 2015, with growth in revenue, sales and operating margin, which has encouraged the company to expand its manufacturing capacity through 2016.
The U.S. president began to make good on his climate change pledges with a $500 million down payment to the Green Climate Fund, in the same week that he hosts the Canadian Prime Minister to team up against climate change.
NIC report finds that the U.K. could benefit greatly from adopting a smarter energy policy, which includes higher interconnections, electricity storage and demand flexibility; current government regulations are standing in the way.
ReneSola accepted an 18% loss of revenue in 2015 from 2014, to complete a strategic shift to project development, which helped it significantly reduce its net loss and operating expenses, while increasing its gross margin to 14.7% from 13.4% in 2014.
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