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Finance

On the brink of collapse, Lebanon added 14 MW of solar in 2020

The news Lebanon installed new solar capacity last year has come as a huge surprise, given the country is at risk of failure. Amid the country’s crisis, solar is offering solutions.

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India sees renewable energy investments increase between April and July

The Indian renewable energy sector saw investment totaling US$6.6 billion between April and July 2021, beating the total for the previous financial year.

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Rooftop solar could mean big savings for Ontario

A rapid ramping up of deployment would have little impact on the electricity price during summer, when air conditioning drives demand to its annual peak in the Canadian province, but it would bring hefty savings on the annual gas generation bill, even before carbon levies are factored in.

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Daqo CEO predicts polysilicon price will keep on rising

While some analysts have said the raw material shortage has eased sufficiently of late for its selling price to stabilize, the chief executive of Xinjiang-based producer Daqo made bullish statements about his company’s prospects yesterday, based on an expectation of continuing tight supply of the solar panel component.

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UK energy company ordered to pay overdue FIT contribution

Newcomer Symbio Energy has been told it must hand over £450,000 it owes to the FIT program which reimburses small scale renewable energy generators. The payment is already a week overdue.

China made 14 GW of solar modules in June – and more than 80 GW in six months

The nation produced 57% more solar cells in the first half of this year than in the same period a year earlier, according to a financial update from state-controlled manufacturer Luoyang Glass.

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France provides €50m for green SME investment in Bangladesh

Countryside SMEs, and particularly women entrepreneurs, will be among the first in line to receive loans to finance up to 70% of their clean energy investments.

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Solar tariffs to be pegged to coal-fired power prices in grid-parity China

Solar glassmaker Xinyi reported Beijing’s plans as it outlined bumper first-half returns whilst warning investors the boost in glass prices seen last year is likely to be short-lived.

Guggenheim Solar Index: Solar’s shipment struggle

The outlook for U.S. residential solar remains strong, according to Jesse Pichel of ROTH Capital Partners. The large-scale segment, however, is hampered by rising costs and the likelihood of sanctions on Xinjiang-made materials.

The Chinese PV Industry Brief: Tongwei raises solar cell prices

Canadian Solar also reports solid Q2 results, with PV shipments reaching 3.7 GW and revenue totaling US$1.43 billion.

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