Egypt to impose ‘merger fee’ on net-metered solar
Law firm Riad & Riad has confirmed the levy will be applied but said the level of the charge had not been determined, despite a report to the contrary in one local newspaper.
Georgia explores green hydrogen
The Caucasian nation could use its hydropower resources to generate the sustainable fuel for transport in its gas pipeline network. An agreement to cost the development of such an industry formed part of a deal which will see the EBRD lend the Georgian Oil and Gas Corporation €217 million to help it through a Covid-19-related cash crisis.
Acciona seeks innovative storage technologies
The Spanish renewables company is offering up two of its solar and wind power sites in Spain for the testing of energy storage systems. The call for companies to take part is open until the end of next month.
Chinese PV Industry Brief: Tongwei and Longi hold wafer and cell prices
Plus, panel maker Risen began construction of a 15 GW cell and module factory in Yiwu, in the central Zhejiang province of eastern China.
Two more PPAs for Spanish solar plants
Solaria secured a ten-year deal to supply solar power from a 150 MW of generation capacity this week and a Sino-Israeli consortium signed a deal to supply energy from 50 MW of capacity over the same term.
Confirmation Yingli parent company shareholders will be wiped out
A filing made to the Securities and Exchange Commission today has confirmed holders of stock in Yingli Green Energy Holding Co Ltd will be left empty-handed some time around the end of the month.
South African renewables jobs should be in coal regions
A study into the potential pitfalls of the shift to clean power in the nation’s coal-dependent energy mix, pointed out almost all of South Africa’s solar farms are far to the south and west of the coal regions likely to bear the brunt of job losses in a country which already has 29% unemployment.
Chinese PV industry headed toward grid parity
Project delays and price changes due to fluctuating demand are disrupting the Chinese solar market. Researchers who have analyzed the situation claim that the nation’s PV industry will be back on track toward grid parity by the end of the year.
Subsidy-free, utility scale German solar farms could sell power on spot market
The unsubsidized market is taking another step forward in Germany with the news of two projects ready to sell power to the wholesale market as well as through PPAs.
Jinko posts $47m, second-quarter profit
The Chinese solar manufacturer shipped 4.46 GW of modules for turnover of $1.2 billion from April to June and expects to move 20 GW of panels this year.
