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Finance

UK researchers warn of potentially rising silver costs

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.

“There is no such thing as a zero or near-zero-emission nuclear power plant”

Stanford professor Mark Z Jacobson has said new nuclear plants may cost up to 7.4 times more than wind and solar facilities, with construction times longer by up to 15 years. Such a delay, he said, may see an huge amount of extra carbon emissions from fossil fuel power sources. His verdict comes as China this month set new guaranteed tariffs for nuclear power.

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GCL Poly secures more public backing with second investment fund deal

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.

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Moixa to build virtual power plant as first phase of UK smart energy project

The storage supplier will set up a mixed-asset virtual power plant that will initially aggregate up to 2 MW of capacity as the first phase of a planned smart local energy system in southern England. Moixa aims to eventually scale the VPP up to 17 MW.

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Longi plans two new production lines in China’s PV heartland

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.

US presidential hopeful calls for huge increase in renewables on public lands

Senator and 2020 candidate Elizabeth Warren has announced plans for a targeted expansion of renewable energy development on public lands along with a moratorium on new fossil fuel leases.

App mobility service to add 300 e-buses in India by 2020 as utility pledges to go all-electric by 2030

Mobility company Shuttl will also set up more than 50 EV charging points in prime locations and state-run power distributor BSES Rajdhani Power Limited will invest in testing facilities to support stabilizing the grid for EV charging, as well as pilot schemes on effectively integrating renewable electricity into its network.

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Tracking Turkey’s licensed PV market

Turkey’s unlicensed solar market has been the powerhouse of new PV capacity. Given the unlicensed segment is coming to an end, investors are questioning the prospects of the licensed alternative. pv magazine has tracked the progress and future potential of Turkey’s licensed PV market.

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Sonnedix buys 55 MW solar carport portfolio in France

The independent power producer has purchased five PV projects from Glennmont Partners. It did not disclose the financial terms of the transaction.

GCL Poly subsidiary sweats solar assets for $89m cash injection

The poly maker’s project development business has entered a sale and leaseback deal for a 140 MW project that will bring in a financial lift in the short-term but cost more than $31 million over nine years.

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