Latin America’s largest solar-wind project moves forward
Around 30% of a 571 MW Chilean hybrid facility owned by Irish developer Mainstream Renewable Power has been built. The Condor solar power plant is part of the 1.3 GW Andes Renovables wind-solar complex.
ADB plus Canadian and German funds back 35 MW project in Bangladesh
The government in Dhaka hopes plans for the Spectra Solar Project, and the international backing for it, will help showcase the attractiveness of solar investment in the country for private sector money.
Covid-19 weekly round-up: Predatory takeover fears, Ieefa takes aim at the IEA and diverse perspectives on e-mobility
Analysts appear divided on the effects the public health crisis will have on the EV market even as sales of petrol-engined SUVs soar in China. And Portugal is plowing on with its Covid-delayed national solar tender, an exercise which may help establish whether clean energy thinktank Ieefa is right to predict PV prices will continue to fall.
Court appoints administrators to oversee Yingli restructure
The Chinese solar panel making division of the debt-saddled company appears likely to be broken up after admitting creditors will take controlling stakes in its business units following the successful petition of a court in Hebei province.
KPMG to look into Panda Green’s missing $144m
The accountant is expected to announce the results of its investigation into RMB1,022 million of missing solar project development rights payments early next month.
Bangladesh looks to Beijing to speed its solar ambition
The two governments will form a JV which will see China invest around $500 million in setting up 450 MW of solar generation capacity and a 50 MW wind farm on land supplied by the host nation’s North-West Power Generation Company.
Chinese PV Industry Brief: a 15 GW factory, new standards and solar glass output
Risen Solar has unveiled plans for a 15 GW cell and module fab in Yiwu City, Zhejiang province and China South Glass is fundraising for a PV glass factory in Anhui province. Such growth, however, may be slowed by the introduction of new standards by the government.
Historic-low interest rates will power ahead astonishing solar cost reductions
An Ieefa report has suggested the cost of generating electricity from solar will be near zero in the world’s sunniest regions by 2030-40 – despite what the naysayers at the International Energy Agency might think.
Chinese solar glass company’s figures indicate booming market
Xinyi Solar today said it is anticipating a bumper profit from the first half of the year – an announcement likely to bring wry smiles at the board of parent company Xinyi Glass, which soon after announced quite the opposite prospects after selling off shares in the PV subsidiary last year.
Portugal kicks-off 700 MW solar auction
Solar developers can submit applications from today. The rules of the procurement exercise were published by the nation’s Directorate-General for Energy and Geology.
