Irish developer secured half the projects in latest South African renewables tender
The weighted average cost of the electricity to be generated by the latest 975 MW fleet of solar projects procured by a national tender program has fallen more than 50% from the level recorded in the last such exercise, which was abandoned six years ago.
SunPower to decide fate of commercial-industrial solar business this year
A quarterly update top-loaded with promising business growth in the company’s residential segment revealed commercial and industrial operations supplied an $8 million loss to the three-month figures, with supply chain issues and project timetables blamed.
Shipping problems for First Solar but production line expansion is under way
The U.S. manufacturer has started building its third Ohio production base and has also begun ordering equipment to kit out its first factory in India.
Leap in third-quarter revenue reduces losses in a tough year for tracker maker Soltec
The Spanish company recorded more than half of its year-to-date revenue in the last quarter alone – and secured a 700 MW solar project capacity order in the U.S. in September – but still shed €100,000 in the last three-month window as its nine-month net losses hit €20 million.
SolarEdge posts more record numbers and says the good times are set to continue rolling
The inverter and battery manufacturer said it has been sitting on a record order backlog for the current three month window and the opening quarter of the new year, which may in part be down to a long Covid shutdown at its Vietnamese production base.
GCL-Poly says staff at state company gave misleading responses to investigation into problematic pre-payment
“Junior” figures at state-owned Sinomec Refinery & Chemical Corp told investigators from then-GCL auditor Deloitte that most of an advance payment made for a granular silicon plant had been passed on, in a bid to dissuade GCL from halting the EPC contract, the solar manufacturer said on Friday.
IPO to finance first slice of planned 500 MW-plus solar field in the Philippines
Solar Philippines will tap stock market investors to back the first section of a solar project in Luzon it says will eventually be the largest in the region.
Shunfeng misses deadline to settle 2016 corporate bond
The company is planning another sell-off of solar projects, with two solar farms with a total generation capacity of 93 MW earmarked for divestment to state-owned China National Nuclear Power – provided the sites can come up with their rent arrears.
Green loan for 70 MW-plus rooftop solar program in Singapore
The city state is aiming to install panels on more than 1,200 public housing blocks of flats under the fourth phase of its national rooftop solar initiative.
Poly and wafer price rises helped GCL with debt pile, seven-months-overdue figures indicate
The polysilicon manufacturer and solar project developer has finally managed to publish the annual figures for 2020 and appears to be placing a lot of faith in its less-energy-intensive granular silicon product. In the meantime, though, another debt repayment deadline is looming within a fortnight.
