Panda Green generates small change in battle to pay down debt
The Hong Kong listed developer is set to bank just south of $1.75 million from a Chinese state-backed partial stake sale in two PV projects, but will have to cut an awful lot more deals of that scale to keep creditors at bay.
Indian ministry calls for EV manufacturing equivalent of Detroit
The nation’s annual Economic Survey placed EVs at the heart of India’s decarbonization and called for an industrial hub where electric vehicles and the batteries to run them could be manufactured.
Vietnam overtakes Australia for commissioned utility scale solar following June FIT rush
Norwegian consultancy Rystad Energy has placed the Australian and Vietnamese solar markets side by side and found the Southeast Asian country left its rival trailing in terms of commissioned utility scale PV capacity. A staggering 4.46 GW of connected PV capacity in Vietnam at the end of June came as a surprise to many.
Ideematec banks new investment worth millions for business expansion
The solar tracker supplier is benefiting from a steadily growing PV market and has inked a deal with ABN AMRO Energy Transition Funds for new capital to expand its operations.
‘Anti-dumping duty on coated steel will impede solar growth’, Indian ministry warned
Citing the risk to solar projects, lobby group the National Solar Energy Federation Of India has asked the Ministry of New and Renewable Energy to exclude flat steel products coated with alloy of aluminum and zinc from anti-dumping duty.
Singapore preps SE Asia’s ‘largest public floating solar tender’
The water authority of the city state wants to procure a 50 MW floating solar installation on the Tengeh Reservoir that will be operational by 2021. Details were revealed today by technical consultant DNV GL.
Single-walled carbon nanotubes go into industrial production in China
The material is a conductive additive for silicon anodes in lithium-ion batteries, helping to improve cycle life and increase energy density. It has taken decades to bring the nanotubes into commercial production.
Second procurement announcement will make for 2.4 GW of new solar in India
Unlike the other, India-wide 1.2 GW tender rolled out simultaneously yesterday, the delivery point for a second wave of projects will be designated inter-state transmission system substations in the state of Madhya Pradesh.
Vietnamese market momentum attracts another 100 MW
The capacity is made up of two 50 MW projects, one of which made the deadline to connect before Sunday and benefit from Vietnam’s generous feed-in tariff. Though the fixed payment has now expired, the market could continue to develop thanks to high energy demand and excellent irradiation.
Indian government tenders another 1.2 GW of solar
The Solar Energy Corporation of India has invited bids to set up 1.2 GW of grid-connected solar under the fifth phase of its national interstate transmission system program. The projects – to be established on a build, own, operate basis – will be awarded through e-bidding and a reverse auction with a tariff ceiling of Rs2.65/kWh. Bidding closes on July 31.
