Leclanché plans for debt restructure helped by Swiss Takeover Board
Agreement to wave requirement for chief shareholder FEFAM to conduct a full takeover paves way for shareholders to vote through a debt-for-equity swap that will reduce the historic battery maker’s debts by a reported 65% next Tuesday.
IRENA clarion call for G20 leaders may fall on deaf ears
In an advisory requested by Argentinian hosts, agency reports on the role solar can play in firing the energy transition up to 2050 – but was anybody listening?
Inverters from China to be spared 25% tariffs – for at least 90 days
Enphase, Huawei and other companies which make inverters in China may be the beneficiaries of a compromise struck between Presidents Donald Trump and Xi Jinping.
Hanwha Q Cells posts $165m loss in Q3
The South Korean PV manufacturer saw sales increase slightly in the last quarter. Net losses, however, more than quadrupled compared to the previous period.
Beijing prepares to take more planned approach to solar
Curtailment issues will prompt Chinese government to focus on new project development in the urban east, to reduce power losses. The central authorities also want to ramp up the electricity trading market and peak shaving technology.
Denmark’s wind-solar auction ends with average premium tariff of €0.0031/kWh, and almost 40% of capacity assigned to solar
Although wind power had the largest share with 165 MW of capacity, solar was able to secure the same number of projects and a total capacity of 104 MW. The Danish Energy Agency had received 17 bids, including 280 MW of solar projects.
EU must step up co-ordination of renewable energy research
The chairman of the European Energy Research Alliance says the EU must bring national research centers together in a continent-wide effort before it is too late, and the COP24 meeting needs to send out a positive message to the world.
A vision of carbon neutral power around the globe by 2050
A scenario in which no additional oil, coal or nuclear capacity is built and renewables grow at a pace of 3-4%, would see solar comprise 69% of the global electricity system by 2050. According to an EU thinktank, such an effort would boost European manufacturing, creating jobs and prosperity.
German parliament approves incentive cut for 40-750 kW solar systems
Through a new package of measures for the energy sector, the German government has introduced a significant incentive reduction for commercial and industrial solar, but has also allocated an additional 4 GW of solar capacity in tenders up to 2021.
Argentina’s largest PV plant to be expanded by 200 MW
At the weekend’s G20 summit, a framework agreement for the project expansion was signed by project initiator Jemse SE and Chinese partners Power China and Shanghai Electric. The plant expansion will include the deployment of storage capacity. The project is one of two PV plants, totaling 400 MW, selected in round one of the RenovAr program for large-scale solar and renewable energies.
