EBRD arranges financing for 50 MW project in Kazakhstan
The European Bank for Reconstruction and Development (EBRD) has announced it will work alongside the Clean Technology Fund and Asian Development Bank to provide a loan for the construction of a 50 MW solar power plant in Kazakhstan’s central Baikonur region.
Are the big Chinese powerhouses coming to America?
In the face of actual and threatened tariffs in the US and India, the world’s biggest solar manufacturers may have to set up shop in the protectionist nations in question ahead of a predicted cooling in their home market.
BNEF: Electric vehicle sales expanding rapidly, e-buses to dominate by 2030
Bloomberg New Energy Finance says EVs will make up 44% of all new vehicle sales in Europe by 2030, 41% in China, 34% in the US and 17% in Japan. India trails with only 7% forecast. Buses, globally, will go electric at great pace.
The unstoppable tide of solar illustrated by the rise of floating projects
Price deflation and technological innovation are helping solar transform the global electricity sector. A new report by IEEFA highlights the latest solar milestones around the world and charts important trends including the rise of floating solar and the corporate PPAs helping the tech giants ‘green’ their energy-hungry data centres.
India may miss solar PV target, says CEO survey
The country will achieve solar PV capacity of 50 to 75 GW by 2022 – a little over 60% of the 100 GW target. Total rooftop capacity will be less than 10 GW.
JinkoSolar hits new output records for p-type and n-type
Chinese module giant JinkoSolar today announced that it hit record power output levels for modules based on p-type and n-type technology. Both records are confirmed by TÜV Rheinland in Shanghai.
Shuangdeng Group wins Afghanistan’s tender for 40 MW hybrid solar project
The Chinese provider of storage and back-up power systems has been awarded the $59.7 million contract to build the facility, which will be located at an industrial area in the Nangarhar province. The tender had been issued in September 2017.
Court orders Yingli to repay $10.6 million in medium term notes
A court in China has ruled that Baoding Tianwei Yingli New Energy Company Limited must pay back RMB 65.7 million in medium term notes, due from 2015 and 2016. The Yingli Green Energy Holding Company Limited subsidiary plans to appeal the decision.
By 2030, EVs could outnumber the total vehicles in India today
To smoothen this transition, the country needs to build fast solar PV-powered charging stations. In 2017, there were only 220-250 operational charging stations in India, compared to 56,000 petrol stations.
China’s GCL-Si mulls purchase of semiconductor manufacturer, may leave cell, module business
GCL System Integration Technology (GCL-Si) has revealed tentative plans to buy an unspecified state-linked semiconductor manufacturer, with Chinese media reports suggesting that the Shenzhen-listed PV module supplier may leave the solar cell and module business to exclusively focus on producing wafers for the semiconductor industry.
