Breaking news: Zhonghuan Semiconductor up for sale
The body responsible for state-owned assets in the Chinese port city of Tianjin has approved plans to sell all or part of the solar manufacturer to outside investors – although the rumored beneficiary is thought to be partially state-owned itself.
Singyes owner Shuifa to funnel $62m into the business
The construction group, which indirectly owns 67% of the solar developer will pay the funds to complete the $98m sale of two 50 MW solar farms in China to a third-party soon to also be controlled by Shuifa.
Crop yield rises with solar-powered irrigation
PV systems have helped farmers in the Philippines become less dependent on rain. Projects in Camarines Sur have shown pumping water with solar is not only cheap but can also raise rice yield.
Czechia wants another 1.9 GW of solar by 2030
The raised renewable energy ambition has been dismissed by the domestic solar association, which accuses president Miloš Zeman of wanting to destroy the Czech PV sector. In 2019, the country added only 7 MW of new PV installations.
China added 12 GW of solar last month for 30 GW annual figure
An insider at the China Photovoltaic Industry Association has told pv magazine there was an end-of-year rally after less than 18 GW of new capacity was installed to the end of November.
China holds firm on strategy to build self-sufficient domestic polysilicon industry
The Chinese government will extend duties on U.S. and South Korean polysilicon for another five years from today despite committing to buy $200 billion more American goods and services in the trade deal signed on Wednesday. Poly manufacturer REC Silicon says it expects polysilicon to form part of that trade agreement.
German development bank to fund Bangladesh canal-top PV study
Renewables authority official tells pv magazine the nation’s irrigation canals could host almost 1 GW of solar generation capacity.
Turkish solar reaches 6 GW
The nation deployed around 923 MW of new solar last year. Around 350 MW came in the form of unlicensed projects given an extension to their grid-connection deadlines.
The weekend read: Your guide to market growth in 2020
Some 15 countries are likely to be able to lay claim to the status of being members of solar’s “gigawatt club” in 2019, according to conservative projections from BloombergNEF. Nonetheless, PV suppliers, developers and service providers are always on the lookout for new pockets of growth. To kick off 2020, pv magazine’s global team of correspondents and editors have highlighted 10 “fast-growing” solar markets to evaluate where the opportunities, and potential risks, lie.
Panda Green update: shareholder China Merchants shaken down for $260m
The debt-saddled developer has turned to another of its state-owned backers to dig it out of a hole as it scrambles to raise $242 million in eight days.
