Canadian Solar posts solid Q2 results, lowers 2021 shipment guidance
The solar PV module manufacturer reported strong growth for its energy storage business and an overall 105% year-on-year turnover growth. Its total module production capacity reached 19.7 GW at the end of June.
Higher polysilicon prices improve Wacker’s financials
The Munich-based chemical company was also able to significantly increase sales volumes for its polysilicon segment. In June, Wacker Chemie raised its forecast for the full year substantially.
Eni acquires Italy’s second largest EV charging stations operator
The Italian energy giant acquired Be Power, which operates over 5,000 EV charging stations across Italy.
SunPower added 13,000 solar customers, looks to strong growth in the third quarter
In its second quarter earnings statement, the company said it expects volume and margin improvements in its residential business to continue, with Q3 volume expected to top 40% compared with 2020.
Chinese PV Industry Brief: Longi leapfrogs Jinko for first-half module shipments
There is also news of a 1.1 GW central inverter procurement contract, a pending IPO for solar cell player Runergy, and a $700 million-plus solar glass supply contract.
The Hydrogen Stream: GCL will use Ethiopian natural gas to feed its ammonia and blue hydrogen
Plus there is news this week of a green hydrogen tie-up in India, plans for another German production facility, and of new hydrogen transport networks for Switzerland and the U.S.
Acme Solar raises $334 million via offshore green bonds
Indian developer Acme Solar’s green bonds were oversubscribed by over three times, and will support it financing twelve projects for a combined 450MW (or 605 MWp) of its operational assets in India.
Spanish solar projects secure €68m credit lines
Seven PV plants being planned by Solaria have received direct backing from the European Investment Bank, with the EU lender also the source of a €14 million loan to Natixis which will be passed on to the Spanish developer.
European Commission approves France’s €30bn renewables incentive program
Paris intends to secure 34 GW of solar, onshore wind and hydroelectric generation capacity by 2026 by offering generators premium payments – determined by competitive reverse-bidding among developers – to top-up the market electricity price.
Chinese poly maker moves to establish natural gas-fired hydrogen business
An announcement by GCL-Poly to the Hong Kong Stock Exchange yesterday about the company’s hydrogen plans made no mention of any intent to deploy carbon capture tech to mitigate the emissions of what would otherwise be considered a ‘grey’, fossil fuel version of the energy storage medium.
