Finance

Talesun has announced plans to deploy 1 GW of new heterojunction solar cell production capacity, while rack manufacturer Akcome Technologies revealed plans to annually produce 2 GW of the same tech. Panda Green, meanwhile, has secured the exclusive rights to a 1 GW project featuring PV and photothermal generation.

SFCE is scrambling to keep creditors at bay and has been unable to guarantee more than half the windfall it expects from selling off 140 MW of Chinese project capacity will actually be paid.

Despite the challenges to both the manufacturing and shipment of its products during the period, JinkoSolar today reported that it shipped 3.4 GW of modules in the first quarter of 2020, bringing its revenue for the quarter just over the billion dollar mark.

PV manufacturers unable to live with proposed new quality guidelines and project developers alike are set to be squeezed out by the state in the world’s biggest solar market, according to Frank Haugwitz, who has compiled a market update as preparations for the next five-year plan gather pace.

Sun Exchange has closed a $4 million Series-A funding round by obtaining a $3 million investment from ARPF, a Mauritian private equity fund. The peer-to-peer solar leasing platform said it will use the funds to help its members deploy solar solutions across sub-Saharan Africa.

A new report from Rocky Mountain Institute in the U.S. explores the need for companies to disclose information about greenhouse gas emissions throughout their supply chains, and the most effective ways to do this whilst ensuring consistency and comparability of collected data across multiple industries.

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.

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.

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.

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.