‘Falling solar module costs are behind us’
Canadian Solar is pivoting towards energy storage and is preparing to IPO its manufacturing and Chinese solar project activity in China, under the CSI Solar operation, by July.
Swiss firm finalize acquisition of 49% stake in Baywa re
With the new investor on board, Baywa re wants to expand its renewables business even further.
Global temperature goal of 1.5C needs 14 TW of solar by mid century
Renewable electricity will be linked to 90% of the actions needed to remove carbon emissions in 2050, according to the International Renewable Energy Agency, and the biggest volume of generation capacity will be provided by solar.
Danish solar developer secures unsubsidized 112 GWh power purchase agreement
Better Energy will connect 111 MW of solar generation capacity in Jutland to the grid this year after landing a power offtake agreement from Centrica.
Solargiga board expects annual loss
The directors said the company’s shuttering of solar cell manufacturing–prompted by aging production equipment and a lack of scale–were unexpected.
Household solar holds key to climate-neutral Japan
Rooftops will have to supply a third of the 524 GW of solar generation capacity needed by 2045 to reach a zero-carbon economy by mid century, according to an academic paper. The researchers also suggested green hydrogen should not play a central role in the nation’s energy transition.
Canadian Solar acquires German off-grid specialist
Berlin-based start-up Solarworx specializes in the supply of modular, off-grid, solar-plus-storage solutions.
Auditor of Chinese solar company resigns
Paris-headquartered Mazars has walked away from Comtec Solar, citing ‘professional risk associated with the audit’ of the figures for the former solar manufacturer, which is now focusing on PV project income, energy storage and EVs.
GCL prepares the decks to announce thumping losses
The board’s explanation for an anticipated $900 million hit in 2020, following a profit a year earlier? ‘The figures for 2019 were deceptive.’
Canary Islands allocates 255 MW of PV through rebate scheme
The Solcan scheme had a budget of €20 million. Most of the assigned PV capacity will be located in the islands of Gran Canaria and Fuerteventura.
