A profit is a profit, even if it amounts to less than $2,000, and the NYSE-listed developer appears to have turned the corner after a $14,700 loss a year ago. Borrowings are on the rise though, as the company plans to drum up an ever larger project portfolio.
The launch of the U.K. Smart Export Guarantee regime today failed to include a price floor – as predicted by trade body the STA – but the government did not rule out future intervention. Commercial customers, however, still have no way of securing payment for their excess power.
Hello hydrogen! A number of factors are floating renewably powered hydrogen to the top of the agenda for worldwide energy ministers. Australia is among the countries most favourably placed to turn hydrogen hype into the biggest source of decarbonized energy the world has yet seen.
Following the launch of the Indian government’s 40 GW battery production plan for the states, Telangana has pitched for a 5 GW lithium ion plant by announcing the ready availability of 200 acres of land plus power and water for the fab at a concessional rate.
While lacking the swarming crowds of previous years, the 2019 SNEC in Shanghai remained a focal point of the global PV industry when it comes to industrial solar cell and module manufacturing and technology. Here are five hot technology takeaways from the pv magazine team on the show floor and conference sessions.
Amid mounting political tensions in the region, the city has issued a call for consultants to help it towards its ambitious 2050 climate goals through the use of a PV technology which is proving increasingly popular around the world.
The audit agency said at least half the EU member states will be unable to reach their 2020 renewable energy targets, including the Netherlands, France, Ireland, Poland and the U.K. It recommends citizen participation and more renewable energy auctions to increase investment and raise volume in the EU clean energy sector. Cross border renewables trade and grid improvements are also highlighted as necessary for a successful energy transition.
Each shift in Chinese PV policy is watched by the solar world. And the reforms unveiled in late April and early May have left many scrambling to catch up. While they may rein in unbridled growth, the changes are leaning towards a future of further cost reductions, particularly soft costs, and the golden goal of grid parity PV.
The ambitious climate, jobs and social program has encountered strong resistance from some national unions, and not only those connected to professions linked to traditional power industries.
The buyer has not disclosed how much it invested in the subsidiary of German EPC contractor Juwi, which is building four PV power plants with 250 MW of total generation capacity under the nation’s Renewable Energy Independent Power Producer Program.
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