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Finance

LG Chem steals a march on Tesla

New 6.4 kWh storage system approaches $1,000/kWh price point. And the RESU is available within weeks, unlike the sold-out Powerwall.

SkyPower to develop 1 GW of projects in Kenya

Canadian developer will sign deal at trade summit in Nairobi on Sunday. The pipeline will cover the next five years and follows recent 6 GW commitments in Egypt and Nigeria.

Chinese players continue rearguard action

United PV strengthens fundraising powers of its board and GCL Poly rolls over convertible shares. Actions to shore up solar stocks continue.

The pv magazine weekly news digest

The UK government kills solar, Hanergy falls out with itself and Yingli attracts a somewhat egregious class action lawsuit, but at least there was some good news out of India.

UK should taper off subsidies over five years

KPMG report says cutting incentives immediately, as DECC proposes, will harm the industry. The UK energy market is geared towards fossil fuels.

New low price for Indian solar

Canadian company agrees $0.08 price for Madhya Pradesh plants. The deal puts pressure on Indian subsidy regime.

Location of Renesola's Japanese projects revealed

Chinese manufacturer reveals few details about 22.5 MW contract wins. Renesola also refused to reveal its Japanese solar ambitions.

Edison wants to acquire supercapacitor company

Canadian company Sunvault receives letter of intent. Edmonton company uses graphene-based supercapacitor technology developed at UCLA.

Shareholder lawsuit launched against Yingli

Troubled manufacturer is accused of misleading potential investors. Chinese giant was unable to borrow from lenders, say claimants.

350 MW co-generation plant to drive down cost of poly

Power and steam from new plant will be used in manufacture of polysilicon. GCL Poly says today’s opening will drive down price further.

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