The collapse in business for the solar EPC provider after last year’s 5/31 policy announcement by Beijing has left the company’s future depending on the progress of a Chinese state bail-out. Provided that is, the business does not end up being wound up by Deutsche Bank first.
The Swiss equipment maker is instead preparing to commit its future to PV in its European heartland and will start with plans to help Norwegian module maker REC Solar embark on a gigawatt-scale production expansion.
Daqo New Energy has agreed to supply 112,800 MT of polysilicon to Longi Green Energy Technology. The two parties did not disclose the financial terms of the three-year deal.
The British-German perovskite startup has ordered a turnkey 100 MW silicon heterojunction solar cell line from the Swiss PV equipment supplier. The terms of the deal were not disclosed.
Energy analysts from the United Kingdom have found that many of the world’s largest car manufacturers that are launching EVs, or looking to launch EVs, are engaged in an “unprecedented” level of collaboration in order to share the costs and risks inherent in EV development. Cornwall Insight found that the collaboration could see a major boom in supply from the early 2020s.
Panasonic offloaded some of its PV interests to Chinese HJT cell maker GS-Solar and Kyocera is advertising further savings from its solar operations but neither business unit acted as a significant drag on wider group figures.
A report by Greenpeace has found in the five years since China announced the continent spanning ‘One Belt, One Road’ infrastructure plan, investment in Belt & Road countries has supported 12.6 GW of wind and solar power generation capacity. That compares with just 450 MW which came online in the territories before 2014. The initiative has also supported 68 GW of new coal capacity.
Canadian fuel cell manufacturer Ballard announces order for a dozen units as part of the European Commission’s JIVE initiative for hydrogen-powered public transport across the EU.
Previously known for its automotive activity, CATL is turning to another promising sector to generate demand for its battery cells. With the first few hundred thousand Japanese solar households seeing their 10-year FIT contracts expire, demand for small scale storage is on the rise
Box Energi says its planned EV fast charging network in the U.K. will be one of the largest single-country DC networks in the world, and that it will be supplied with 100% renewable energy.
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