The Chinese e-mobility company has been hammered since Beijing’s abrupt reduction of electric vehicle subsidies in the summer. Korean outfit LG Chem’s shipment volumes have gone in the opposite direction.
Visitors to this year’s Solar Bangladesh Expo have called for the implementation of quality standards on solar imports – action which the government is currently pursuing – with one industry insider rubbishing Indian-made products.
Ukrainian energy market reforms are continuing and amid uncertainty about future auction mechanisms and prices, attendees at the SEF Kyiv sustainable energy forum again called out the government for dragging its heels on the legislation. However, there was also evident optimism at the show.
In the past 12 years, green bonds have raised nearly $800 billion for investment in clean energy and other sustainability projects and companies are now pegging bond interest payments to their environmental performance.
The Chinese solar manufacturer today admitted it is in talks with its lenders and strategic investors about a break up of the company after its 2018 annual accounts revealed an apparently unserviceable debt pile. Any strategic investor is likely to constitute a Chinese state-backed bail-out.
CEO Elon Musk has continued to tease the November release of the company’s all-electric utility vehicle. In a tweet, Musk suggested the design resembled an “armored personnel carrier”.
The latest blow in the political battle between clean energy project developers and an anti-renewables state government has seen the electricity regulator order power distribution companies to honor PPAs signed after a public tender.
Getting on for 300 international exhibitors are attending the Solar Bangladesh Expo in Dhaka which opened today and runs until Saturday. pv magazine’s Syful Islam is walking the floors and hearing optimistic messages.
Shareholders in the heavily-indebted solar project EPC and building-integrated PV manufacturer will vote on the last day of the month on the proposed takeover of the business by a Chinese state-backed entity. No news has emerged of a winding-up order due to be heard yesterday.
German polysilicon producer Wacker Chemie AG has reduced its earnings expectations for 2019, citing low prices for polysilicon. The company blamed the polysilicon price slump on oversupply from competitors in China, which muted an expected price increase in the second half of 2019.
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