Narendra Modi’s BJP party is seeking re-election with the aim of ensuring the electrification of all railways by 2022 and turning renewable energy into a popular movement with steps including an emphasis on solar farming. Even if the elections spring a surprise, however, the renewable momentum is unlikely to slow as no government can afford to roll back the clean power tide.
With concerns over the mountains of PV system waste that will one day pile up around the world, Bangladesh is no exception – the nation currently has no solar panel recycling policy.
A study has highlighted that the two growth phases of solar panel manufacturing – after the 2008 global downturn and again after 2011 – coincided with higher prices for the precious metal.
Just 5.2 GW of new PV generation capacity was installed in the world’s biggest solar marketplace in the first three months of this year. And virtually all of that was made up of small systems as developers wait to see what emerges from solar policy discussions in Beijing.
The polysilicon manufacturer will be one of the partners in a fund for the city of Leshan which appears to be planned chiefly to upgrade the poly production facilities of one of the company’s subsidiaries.
The solar manufacturer has revealed plans to invest around $875 million in production capacity for monocrystalline ingots, wafers and cells – and expects to raise a chunk of the cost with a shares issue this week.
A subsidiary of the poly maker and PV developer will commit more than $200 million of its cash to an investment fund which could then finance projects for one of its fellow GCL Poly Energy Holdings businesses.
With Narendra Modi being tipped to triumph again in the current Indian elections, Indian solar capacity is expected to grow robustly, at 15.3% per year, on the back of continued strong government support.
PV demand started weakly this year but will show an upward trend in the second half. Corrine Lin, chief analyst at PV InfoLink, examines supply and demand for polysilicon and predicts huge new capacities will come online in the west of China and shake up the market, spelling bad news for some international players.
The opening of India’s marathon six-week election yesterday will bring policymaking to a halt but a prominent consultancy says the nation is trailing behind peers when it comes to guidelines for materials and recycling, and the lack of a viable business case for reusing materials doesn’t help matters.
This website uses cookies to anonymously count visitor numbers. View our privacy policy.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.