Markets & Policy

The Chinese capital introduced an emissions trading scheme on Thursday and plans are afoot for the world’s second biggest scheme, in Guangdong province. GCL-Poly has yet to assess the impact on its operations.

VW-owned SEAT has completed the installation of 53,000 solar panels on a rooftop array at its Martorell factory in Spain.

The installation will become the biggest single solar project in the company’s history, and will be located in South Africa’s Northern Cape Province.

Regional appetite for solar power and growing awareness of environmental issues has prompted Asian governments to support the materials industry, which is now worth $1.94 billion, the analysts report.

Canadian Solar’s apparent victory in its legal dispute with LDK Solar has been overturned by the court that awarded it. The dispute relates to wafer supply contracts which LDK says Canadian Solar broke.

Former solar giant China Solar has been forced to delay its six-month figures as an investigation into two of its Chinese subsidiaries continues. Three directors were arrested over the alleged false reporting on registered capital for the units.

The Chinese PV giants have invested $45 million in Yabang Group’s subsidiary, Changzhou NESL Solartech Co., and hope to reach 500 MW production capacity within 12 months.

Chinese module manufacturer Astroenergy will acquire Conergy’s Frankfurt module business. The identity of the buyer for the Rangsdorf-based Mounting Systems business has not been revealed.

The Hong Kong-based solar power investment company plans to develop 400 MW PV power generation projects in China over the next three years.

The Chinese thin film powerhouse, owner of U.S. firms MiaSole and Global Solar Energy, Engensa in the U.K. and Germany’s Solibro, plans to invest $2 billion to develop 1 GW of RE projects in Greece.