BayWa r.e. and Statkraft sign another power deal for subsidy free PV in Spain
Following their first strike with the 175 MW Don Rodrigo plant near Seville, the two companies have done it again by signing a long-term power supply deal for subsidy-free PV. This time it is for a 50 MW site under construction.
Solargiga finally gets 600 MW ingot and wafer operation up and running
The solar manufacturer today moved to reassure investors ahead of what promises to be another rocky set of first-half figures in two days’ time. The Hong Kong company says it wants to add another 3.6 GW of mono ingot and wafer capacity by early 2021.
The rise and rise of Bboxx: Off-grid solar supplier lands another $50m
The solar home system company, which enables customers to pay their solar electricity bill through an app on their mobile on a PAYG basis, has conducted a monumental funding round as it eyes expansion to become a fully-fledged pay-as-you-go utility.
DEWA and Huawei hold strategic summit
The Emirati utility and the Chinese communications giant and inverter maker have discussed how they can work together to roll out solar and storage in Dubai as well as collaborating on cyber security and the use of AI to analyze cyber threats.
Canada extends trade measures against Chinese metal silicon
With the anti-dumping and countervailing duties imposed in November 2013 set to expire nine months ago, the Canadian International Trade Tribunal has extended them for another five years, ruling their expiry would harm the nation’s only domestic manufacturer.
Legal firm asks Sunnova investors burnt by IPO to get in touch
First-half losses that ballooned to $85.3 million saw the share price of the Texan third-party solar company fall 8% according to San Diego law firm Robbins Arroyo LLP. The legal business says it is investigating ‘potential violations of federal securities laws’ in connection with last month’s IPO.
Brazil’s faltering manufacturing ambition
A binational integrated solar industry project, announced just over a year ago, aims to build a vertically integrated solar manufacturing industry along the border between Brazil and Paraguay. But the project is now on hold pending an update and reassessment by its new managers.
The weekend read: Reactivating Mexico’s large-scale sector
The Mexican electric power industry is maintaining its dynamism, despite a collective perception of inactivity stemming from a lack of information from the federal government. And renewables are barely mentioned in the National Development Plan for 2019–2024 drawn up by Mexican President Andrés Manuel López Obrador.
GCL-Poly making polysilicon at a loss as it piles up $3.36bn more in liabilities than assets
With the company’s up-for-sale project development business revealing extensive debt concerns yesterday morning, that revelation is only half the story.
China added 11.4 GW of solar capacity in first half of this year
According to official statistics produced by the nation’s National Energy Administration, China’s cumulative installed PV generation capacity had reached 185.5 GW at the end of June.
