To have any hope of restricting global heating to a maximum of 1.5 degrees Celsius, the renewables success story which saw 108 GW of solar deployed last year needs to be cranked up to the next level – and fast.
The Shanghai-based project developer – which will soon relocate to the U.S. – says the profit margins are not high enough in those markets and has cancelled its project pipeline in the nations. The company has also changed its CEO after less than five months and is on a drive to reduce capital costs.
The German solar company issued a statement over the weekend claiming it had been the victim of fraud perpetrated by its module importers and stating its intent to sue the offenders if the modules in question are found to have had their documents of origin deliberately altered.
There was unanimous approval at a vote on the debt reorganization plan put before creditors in Hong Kong today and now it remains only for the scheme to be rubber-stamped in the territory – and in Bermuda – before the task of rebuilding the soon-to-be-state-owned business can begin.
Innoenergy’s recent conference in Berlin repeated the argument financing renewable energy projects in Africa remains a struggle, however it also showcased some hopeful case studies.
The government has set a very low bar of achieving just 10% of its electricity supply from renewables as it tenders for consultants to advise it on how to incorporate intermittent generation into the national grid.
In the future, the solar mountings manufacturer itself will only manufacture in China. The cooperation of the Schletter Group with specialized production partners in Germany and other countries will continue, however. With the end of production in Kirchdorf near Munich, jobs will be lost. The company is seeking proximity to the global growth markets.
The 23.22% front-side efficiency of the 244.62 sq cm device – certified by Germany’s ISFH CalTeC – is another landmark for the Chinese manufacturer’s State Key Laboratory of Photovoltaic Science and Technology.
Italian oil and gas company Eni has completed a solar park at its Bhit Gas Field. The plant, which took six months to build, is integrated into the field’s generation system.
With 95.67 MW already installed on railway buildings, a further 248.46 MW, awarded by the Railway Energy Management Company Limited, is under development.
This website uses cookies to anonymously count visitor numbers. View our privacy policy.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.