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Finance

Bond market to finance 230 MW solar projects in Bangladesh

Bangladesh-based Beximco Group has said it will raise nearly US$400 million in Islamic bonds to finance two solar PV power plants totaling 230 MW in the country’s northern districts.

Chinese PV Industry Brief: Plans to increase glass, polysilicon and wafer capacity move forward

Daqo has secured another big supply deal, Xinte is pushing to build a new factory in Inner Mongolia and the board of JA Solar has approved a proposal to deploy 20 GW of wafer production capacity in the autonomous region.

Solar glassmaker posts another set of bumper figures

Xinyi has accelerated plans to add more furnaces this year and predicts the rebound in solar demand being driven, in part, by the desire of nations for a green recovery from Covid-19 will continue to keep supply tight.

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GCL-Poly continues to ramp production capacity commitments

The poly maker is making significant investment pledges into new production lines in Sichuan and Inner Mongolia.

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Photon Energy update after ‘difficult’ quarter

The Amsterdam-based, Australia and central Europe-facing developer saw sales slump thanks to Covid-19 last year but has touted a growing operational project portfolio.

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Enphase to issue $1bn senior notes

The inverter business will use some of the proceeds to buy back notes due to mature in 2024 and 2025.

Hybrid PV-CSP has a lower LCOE than gas in Chile

Researchers from the Center for Solar Energy Technologies of Fraunhofer Chile have conducted a comparative analysis which shows that the lowest levelized cost of energy (LCOE ) in Chile can be achieved by a combination of large scale PV and concentrated solar power (CSP).

More EU cash for green hydrogen

The sustainable gas is among ten areas of research and innovation which would benefit from backing by the bloc, member states and industry, if a new European Commission proposal is adopted.

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Austrian solar industry wants Covid-recovery funds spent on renewables-friendly grid

The national PV body in the country wants €1 billion from the EU’s recovery and resilience fund to be allocated to upgrading the electricity network to host more solar power generation capacity.

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Renewables compete with coal and shale oil as Jordan pursues energy independence

The kingdom has had a ban on new large scale clean energy projects since January 2019 as Covid-19 exacerbated a situation in which generation capacity already outstripped supply. Lifting that embargo, and re-starting renewables auctions would be a step in the right direction, according to IRENA.

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