Minister of the environment and climate action, João Pedro Matos Fernandes, announced the development and revealed nine of the ten lots tendered include energy storage.
But Israeli inverter company Solaredge and Indian engineering, procurement and construction services provider Sterling and Wilson have both offered hope of a recovery in Europe as Chinese glass producer Xinyi said it kept the furnaces going throughout the worst of the pandemic.
The Norwegian company mothballed its Washington State facility more than a year ago and is now reliant on semiconductor-grade poly and silane gas produced at its fab in Butte, Montana – a facility for which the business says it has received plenty of interest from potential purchasers.
The inverter and energy storage company was able to maintain its streak of profitable quarters in what was expected to be a hard period for solar and the Israeli business said it sees “signs of recovery in the U.S.”
Mercom India Research has said the quarterly value of solar cell and module imports was down 83% in the second quarter of the year, compared to the same period of 2019, to sit 54% lower than the value recorded in the January-to-March window.
Xinyi Solar has revealed another impressive set of figures and plans another 1,000-ton-per-day production line this month plus a new mine to source raw materials in September.
Having bagged large orders in the U.S. and Australia, Indian multinational engineering, procurement and construction (EPC) services provider Sterling and Wilson Solar is bidding for tenders in new regions, Europe among them. Kannan Krishnan, S&W’s chief operations officer for solar in India and the South Asian Association for Regional Cooperation area, speaks to pv magazine about the impact of Covid-19 on the solar EPC business and the company’s expansion plans.
Plus, U.K. analyst Cornwall Insight reports the price of green energy certificates in the nation could stay in the doldrums for some time and industry executives consider the upsides of the new virtual PV business.
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