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Finance

JinkoSolar shipped 25.2GW of PV products in 2021

The Chinese module manufacturer saw its sales and turnover increase significantly in the past financial year. The company said it is benefiting from increasing demand for n-type products worldwide, and also for distributed generation systems, with which higher returns can be achieved.

6

EU adds anti-subsidy duty to existing trade measures on Indian and Indonesian steel

The European Commission has alleged China offered cut-price finance to Indonesia, via Beijing’s Belt and Road drive, so Jakarta could develop domestic demand for stainless steel raw material nickel ore.

1

World Bank notes potential for 210,000 mini-grids this decade

The international development entity has already invested $1 billion in local, off-grid electricity networks over the last decade – and attracted a further $1.1 billion in matched funding – and has predicted mini-grids could supply electricity to 490 million people by 2030.

7

Investment cycle means race is on to incentivize green hydrogen

A report published by Irena hints the world’s politicians will have to get to work immediately to avoid another generation of fossil fuel-fired hydrogen, ammonia, and methanol plants being set up to run into the second half of the century.

2

Bail-out of Chinese developer could drive 735MW of solar

Heavily-indebted developer Beijing Enterprises Clean Energy has said it plans to use part of its anticipated $600 million windfall constructing 655MW of agrivoltaic and acquaculture-linked PV generation capacity.

Seesawing energy prices renew demand for solar in North Africa

Climate change ambitions announced by the governments of Egypt and Morocco are symptomatic of a desire for clean power sites with regional policymakers leaning towards auction-set payments for clean power, according to a recent webinar.

3

UK considers reform of renewables subsidy regimes

A conference about the UK’s electricity market showed organizations are considering the future of the country’s energy sector and how to achieve a net zero economy.

Russian invasion of Ukraine weighing on Moldova’s PV sector 

The first months of the year pointed to a boom in Moldova’s solar sector, but the war has already started to negatively affect investment decisions.

1

Sonnedix acquires Polish solar developer Sun Power Energy

The Polish company has a PV project pipeline of over 1GW.

KKR may acquire Albioma

The US private equity giant is interested in the French renewable energy producer as part of its expansion strategy in the renewable energy sector.

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