China

Panda Green update: shareholder China Merchants shaken down for $260m

The debt-saddled developer has turned to another of its state-owned backers to dig it out of a hole as it scrambles to raise $242 million in eight days.

Jinko claims two more efficiency records for bifacial panels

The Chinese manufacturer has achieved conversion efficiencies of 21.82% and 22.49% for its p-type PERC and n-type HOT bifacial panels, respectively. The results were confirmed by Germany’s TÜV Rheinland.

Panda Green showcases its full portfolio

The embattled developer today published what appears to be a sales pitch as it seeks urgent investors ahead of an eight-day debt deadline.

Solargiga hits 10% revenue rise – on back of 48% more shipments

The Chinese manufacturer had to ship a lot more ingots, wafers, cells and modules to secure a modest rise in returns, according to its unaudited 2019 figures.

Singulus scores €50m CIGS production kit order from unit of China’s CNBM

The German PV equipment provider has agreed to supply manufacturing equipment for CIGS thin-film solar panels to the CNBM Bengbu Design and Research Institute for Glass Industry, a subsidiary of cement producer China National Building Material.

State-owned entity delays Panda Green bail-out in wake of debt restructure setback

Panda Green today said delays acquiring the necessary approvals were responsible for holding up its critical HK$1.79 billion lifeline but the deadline for completion had originally been put back to coincide with publication of the results of a debt restructuring proposal which ultimately tempted less than a third of note holders.

Panda Green’s hopes of postponing debt are dashed

The heavily-indebted, Chinese state-owned solar project developer now has ten days to rustle up $242 million after a debt restructuring proposal was accepted by less than a third of its creditors.

Why Europe and the US failed to capitalize on thin-film solar

Is First Solar stalled in innovation and growth? Markus Beck, a thin-film solar expert and former chief technologist at First Solar, provides an industry perspective on the fate of thin-film PV in the United States.

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Solar cells from space are on the way

A team at the U.S. National Renewable Energy Laboratory has come up with a new process that would reduce the production cost of highly expensive – and highly efficient – gallium arsenide cells.

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The world will add 142 GW of new solar this year

IHS Markit has predicted another year of global solar growth but a peek behind the headline figures shows uncertainty dogging the markets of China and India, two of the most important markets and biggest polluters.

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