Chinese utility pitches energy transformation credentials
The fossil fuel assets belonging to the state-owned parent of China Power International Development might overshadow the latter’s green claims but the Hong Kong-listed utility said it reached full operation at 940 MW of solar farms in 2020–more than half of it unsubsidized.
Comtec Solar subject to winding up petition in January
The Chinese PV company, which is preparing to move its headquarters to Changzhou city this month, has revealed details of the legal dispute which prompted its auditor to resign a fortnight ago.
India’s $122bn energy stimulus spending may benefit fossil fuels most
A report says India’s energy investment commitments over the last 14 months largely feature measures for power transmission and distribution that could benefit greenhouse-gas-producing fuels more than renewables.
‘Solar can energize the East African recovery’
Patrik Huber, co-founder and managing director for East Africa at renewables leasing company Solarise Africa, has spoken to pv magazine about the company’s take on how the region can prime for a green recovery. Huber explained Solarise’s contribution to the recovery includes recent expansion into three new countries.
Adani Green Energy raises US$1.35 billion in debt funding
The Indian developer has secured the revolving fund from 12 international banks. It will use the amount to initially finance its 1.69 GW hybrid portfolio of solar and wind projects to be set up in the Indian state of Rajasthan.
‘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.
