Wacker’s results affected by low polysilicon prices
The Munich company hopes the PV market will pick up in the second half, driven by demand in China. Wacker Chemie also expects rising prices for polysilicon.
Utility scale, rather than behind-the-meter batteries will drive energy storage take-up – Bloomberg u-turn
The analyst has published its latest Energy Storage Outlook report and says large scale deployment will provide the majority of the 1,095 GW/2,850 GWh of battery storage worldwide in 2040, with prices driven down further by grid services demand and EVs.
Chinese investment in renewables soars under Belt & Road initiative
A report by Greenpeace has found in the five years since China announced the continent spanning ‘One Belt, One Road’ infrastructure plan, investment in Belt & Road countries has supported 12.6 GW of wind and solar power generation capacity. That compares with just 450 MW which came online in the territories before 2014. The initiative has also supported 68 GW of new coal capacity.
State news service: China has already connected 870 MW of this year’s subsidized PV projects
The state-owned China News Service today reported almost $80 million is left in the pot for large scale project subsidies this year despite almost 420 facilities with a combined generation capacity of 1.77 GW having missed out in the auction.
Chinese solar production figures continue to ramp up
Quasi-governmental body the CPIA has released first-half figures for the world’s biggest solar marketplace which show production volumes for export markets continuing to expand and the domestic picture set to rebound after public solar subsidy levels were published.
Global PV market: 114 GW to be installed in 2019, with continued growth onwards
According to the latest market forecast published by Wood Mackenzie, it seems that global PV installation figures will rise to 125 GW per year from 2020. Continued global capacity expansion will come in through a growing gigawatts-club.
China Power clean energy unit to de-list from Hong Kong exchange
The business will come under the control of its Chinese state-owned parent power company after a shareholder vote agreed the move earlier this month.
No respite for REC Silicon as shutdown dominates Q2 figures
The Norwegian polysilicon supplier – which has most of its manufacturing operations on U.S. soil – cannot give any estimate on when its solar material production lines will return, and has been left entirely dependent on the semiconductor products made by its Montana facility.
Dubai has eyes floating on solar with visit to China
Dubai desires to become a global epicenter for clean energy and green technology. Its visit to China comes after last month’s issued RFP to explore floating PV development in the Arabian Gulf.
Putting China’s electricity market reforms on the spot
A report by the U.S.-based Rocky Mountain Institute has modeled scenarios for the deregulation of electricity markets in China. The report finds the implementation of a spot market would drive increased integration of renewables and provide significant reductions in costs and emissions.
