Panda Green shareholders to vote on latest $225m state bail-out plan
It is back to the meeting room for beleaguered shareholders in the debt-saddled solar project developer, ahead of a proposed shares purchase by a Chinese coal and real estate company.
China walks away from state bail-out of GCL solar project business
The proposed acquisition of a controlling stake in the heavily-indebted PV project business of solar manufacturer GCL-Poly has fallen through, with state-owned China Hua Neng now proposing to cherry-pick the more attractive assets from the unit’s 7 GW portfolio.
Fossil fuel dependence and poor governance? Fasten your seatbelts
A study of the after-effects of the energy transition has assessed 156 nations and ranked a surprising winner. Here, energy expert Indra Overland discusses the findings of the GeGaLo Index as part of our interview examining renewables and geopolitics.
South Korea’s roadmap to drive down solar costs
The government has unveiled a plan to help the PV industry reduce the cost of solar panels from around $0.23/W to $0.10/W by 2030. The plan also aims to reach module efficiencies of around 24% – up to 35% for multi-junction cells – by the end of the next decade.
Chile to hold new energy auction in June
According to the bidding terms published by the National Energy Commission, project proposals may be submitted by June 11 and the results will be announced on June 19. Successful bidders will secure a 15-year power supply deal and some 5.6 TWh of electricity is expected to be generated annually as a result of the new capacity.
Bangladesh sets solar import standards
Complaints about sub-standard, cheap PV imports from China – and notably, India – have been heeded by Dhaka, which has issued a requirement for modules, inverters, charge controllers and batteries to attain IEC electrical standards.
More claims of greenwashing at major US electric utilities
A survey reveals greenwashing among major U.S. investor-owned electric utilities, which have been accused of using disproportionately high ratios of renewable versus fossil fuel images and language, while at the same time helping to block renewable energy policies. pv magazine speaks to the lead researcher
Solar will power ahead to offer 20% more output for 25% lower module costs within 15 months
PV industry veteran Karl-Heinz Remmers recalls the trajectory of solar power this decade and predicts stronger than expected development for the ten years ahead.
Indian manufacturing-linked solar tender now reportedly oversubscribed
A new series of tweaks by Solar Energy Corp. of India appear to have paid off, as the organization’s ambitious, manufacturing-linked 7 GW solar tender has been oversubscribed by 1 GW.
Power Ledger enables consumer participation in energy markets
Australian startup Power Ledger wants to scale up its offerings for much larger communities, as it has already verified its technologies in projects around the world. The Australian Energy Market Commission last week proposed a similar agenda.
