EV sales are set to be 1.7 million off because of the economic fallout of the Covid-19 crisis, however analyst BloombergNEF predicts that will be less of a hit than the anticipated fall in sales of conventional cars, increasing the penetration of electric models into the overall market.
Beijing Energy, which is among a bevy of public entities holding stakes in the developer, is proposing one of its subsidiaries offer $211 million of leasing options to debt-saddled Panda Green.
Installers which took advantage of cheaply-priced government finance say customers affected by the Covid-19 crisis cannot afford to pay for the solar home systems they have rolled out while expanding renewables programs.
Pure EVs had begun to claim a rising market share before coronavirus containment measures decimated sales last month. Even in the face of an 88% monthly fall in EV sales from March to April, however, clean energy models fared better than petrol and diesel sales.
Minister of energy Fatih Dönmez announced the procurement exercise, which is part of a plan to relaunch the nation’s economy during the Covid-19 crisis.
Plus, Italian developers continue to dig deep for their health service, the pandemic piles on problems for a debt-saddled Chinese company and analysts consider whether there will be any money left for a green economic recovery after the dust settles.
The Norwegian solar manufacturer is considering a 2 GW heterojunction solar module factory in Sarreguemines, in the northeast of the country.
The nation hosts numerous gigawatt scale sites, two of which are the largest commissioned in the world. The huge PV parks have been instrumental in driving economies of scale and continue to attract global capital and some of the most recognized renewables developers.
France’s National Institute for Solar Energy takes a look at the state of play in the European solar panel recycling industry.
With Swiss solar equipment company Meyer Burger laying plans for a module fab in North Rhine-Westphalia and Norwegian panel maker REC Group mulling a fab in Sarreguemines, northeastern France, Xavier Daval – from French renewables association the SER – says it is time Europe resumes its path to a stable solar manufacturing industry, not least because of the rising proportion of solar module costs accounted for by shipping.
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