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Highlights

Human rights risks threaten battery supply chains’ sustainability – now is the time to act

The battery and renewable energy industries are facing increased scrutiny for their human rights impacts. In December, U.S.-based technology and electric vehicle companies were named in the first lawsuit seeking to hold downstream companies responsible for allegedly aiding and abetting child labour in cobalt extraction in the Democratic Republic of the Congo (https://bit.ly/2UgQPgZ). Energy storage technology, such as batteries, is increasingly developed alongside solar and wind-powered electricity generation. This means the battery industry’s material risks are now of direct concern to a broader group of companies involved in the global transition to a low carbon economy.

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Poly maker pulls out of wafer JV with semiconductor company

GCL-Poly has pulled its commitment to inject US$68m into a 30 GW production capacity wafer fab joint venture established with Tianjin Zhonghuan in the Chinese autonomous region of Inner Mongolia, citing a preference to focus on ‘more competitive products’.

US boom in the shadow of a black swan

Supply-chain constraints related to China’s coronavirus outbreak could weigh on the performance of the U.S. solar market in 2020, writes SPV Market Research’s Paula Mints.

Slovakian government hands out €700,000 for residential solar in just 36 minutes

The national Green Houses Program grants incentives for the installation of solar water heaters, PV systems with a generation capacity of up to 10 kW, heat pumps and small wind turbines.

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The weekend read: Covid-19 disrupts

A viral outbreak in the city of Wuhan, in China’s Hubei province, has become a nationwide health crisis with global implications. And with PV manufacturing concentrated in China, there are serious implications for all corners of the solar world, reports Vincent Shaw in Shanghai.

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Cheap renewables putting $639 billion of new coal investments at risk

The Carbon Tracker Initiative crunched some numbers and discovered that more than half a trillion dollars worth of coal investments are at serious risk due to the declining cost of renewables.

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Jinko profits surge in 2019

The Chinese manufacturer shipped 14.3 GW of PV modules last year, up 2.9 GW from 2018. In its 2020 outlook, it reiterated its initial shipment guidance and confirmed its plans to ramp up capacity.

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Change at the top for Meyer Burger after €37m loss

The Swiss PV equipment supplier posted the loss for 2019, citing increasingly fierce competition in China, and plans to continue a strategic realignment of its business with the options including the establishment of a European PV manufacturing operation.

Yingli finally opens up on debt restructuring

The Chinese manufacturer had not updated its English-speaking investors since October and now appears set to have its chief Chinese operations taken over by creditors.

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Short-term symptoms

The Covid-19 outbreak has disrupted the global PV supply chain. China, the largest manufacturing hub for solar products, has postponed factory openings in many regions, as it has been hit by logistical hiccups, staff shortages, and delivery delays. Manufacturers in some Chinese provinces are running under capacity, while those overseas are facing the same situation.

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