Modules & Upstream Manufacturing

Renewables investment may by hit by rising interest rates despite the falling cost of clean energy tech just as fossil fuels avoid the impact of rising base rates.

On the first day of this year’s EU PVSEC conference, veteran solar researcher Pierre J Verlinden won the Becquerel Prize for Outstanding Merits in Photovoltaics. The award recognized more than 40 years as a leading PV researcher in academia and at leading companies including Sunpower and Trina Solar. Its recipient spoke to pv magazine about what is needed from solar to stave off catastrophic climate change.

The U.S. company claims its 300 MW manufacturing plant in Hyderabad will deliver fully integrated, customizable solar panel, lithium battery pack and controller systems under a single roof.

The German PV equipment provider will not achieve the sales and earnings targets set for this year. CNBM is not expected to place orders for the expansion of its CIGS thin-film production operations in China until the fourth quarter.

The GCL System chief executive made comments that fly in the face of an expected solar gold rush in China that analysts predict will start this month. Though rising overseas demand will address overcapacity fears, according to Luo, the soundbite is sure to chill PV boardrooms across the world’s biggest solar market.

The polysilicon maker has turned a quick $160 million profit from the sale of its stake in a fund it paid $189 million to establish just five months ago. The heavily indebted manufacturer needs to raise funds to pay for its production capacity expenditure.

The Japanese multinational lender is making its second investment in the Swedish start-up. The funds will help the company ship its first products next year.

The nation’s thriving distributed generation market is flying, as was evident at last week’s Intersolar South America trade show. The sector seems unconcerned by mooted changes to net metering incentives in the new year and when even an environmental non-believer like President Bolsonaro is on side, it is difficult to be pessimistic.

Fraunhofer ISE has worked with German technology companies to improve the metallization process in silicon solar cells. The result could drive down module costs quite a bit.

While the rest of China’s solar manufacturers take on ever more debt to expand their production lines as fast as possible, Comtec said it is ready to sell off fabs for the right money and will instead focus on project sales and lithium battery and EV business opportunities.