A convertible bond issuance by Valoe Corp is due to expire on Sunday and the board has already been forced to sign up for more than 40% of the investment. The module maker, which is still attempting to pay for a cell line acquired from Solitek last year, has been announced as a technology partner by Munich-based Sono Motors.
The electricity company wants a solar module fab at its Tana Power Station in Murang’a county. The factory would have an initial annual production capacity of 10 MW.
The Chinese manufacturer had not updated its English-speaking investors since October and now appears set to have its chief Chinese operations taken over by creditors.
The Covid-19 outbreak has disrupted the global PV supply chain. China, the largest manufacturing hub for solar products, has postponed factory openings in many regions, as it has been hit by logistical hiccups, staff shortages, and delivery delays. Manufacturers in some Chinese provinces are running under capacity, while those overseas are facing the same situation.
The African Development Bank has agreed to invest $200 million to improve electricity access in Nigeria by building minigrids throughout the country.
The utility-scale PV project, which Belectric built for Fortum Solar India across five sites, is the largest amount of solar capacity that the German EPC services provider has commissioned in the country thus far.
A feasibility study will explore a new option for producing and using renewable hydrogen, with the help of funding provided by the Australian Renewable Energy Agency (ARENA). If the study supports the business case, the project will deliver the largest hydrogen electrolysis plant in Australia.
Videos from very involved solar roof owners. Some before and after photos. More tile boxes from China.
France’s Liten organization said it raised efficiency more than 20% with improved thickness homogeneity of the perovskite and optimized composition of the n-type interfacial layer. The previous record of 16.9% was attained by the same research group early last year.
Benin has obtained a $21.1 million loan from the investment and development bank of the Economic Community of West African States and Burundi will benefit from a $160 million World Bank donation, $100 million of which will be dedicated to solar energy.
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