The debt-saddled GCL New Energy solar project business of the polysilicon manufacturer is aiming to sell off solar farms to transform into an ‘asset light’ operation.
The solar manufacturer’s impressive third-quarter gross margin is set to fall back in the current three-month window because global shortages have seen some material costs double since the world came out of Covid-19 shock.
The Chinese giant plans to further strengthen the supply chain for solar modules based on 210mm wafers by establishing joint ventures with its rival.
The new-look discussions dived into all things shaping the solar industry and renewable energy as a whole in 2020, including the global pandemic, extreme weather and natural disasters, the election and more, all presented in the light of rapidly-changing technologies and materials.
The City of London Corporation signed a £40m solar power purchase agreement on the same day the prime minister outlined a net-zero strategy which failed to even mention solar.
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