Roth Capital Partners has reported the inverter maker ceased U.S. sales on Friday, laying off all its U.S. citizen staff amid rising tensions between the Trump administration and China.
As contract lengths shorten, U.S. solar developers and investors are relying more and more on sales of power in the spot market as the future.
The 70%-by-2030 renewable energy provision in legislation S6599 is second only to Washington DC’s 100% by 2032 aim, and includes targets of 6 GW of distributed solar by 2025 and 3 GW of energy storage by 2030. It is expected to pass the assembly today.
This year’s New Energy Outlook report by Bloomberg New Energy Finance predicts renewables can keep us on track for less than two degrees of global heating for the next decade. But after that, other technologies will have to do their bit.
Scottish consultancy Wood Mackenzie has raised its 2019 forecast with Florida and Texas starting to deliver on their potential as the U.S. solar market returns to growth.
The Trump administration is acknowledging global demand for clean energy and energy storage with the US State Department’s new strategy.
The Norwegian manufacturer has delayed full shutdown of its U.S. polysilicon operation until mid July as President Trump and his Chinese counterpart are scheduled to hold talks in Osaka in two weeks’ time.
It is not just the big beasts of Chinese solar that are investing in aggressive expansion as high-efficiency wafer maker NorSun and tracker supplier GameChange Solar make big announcements. The New York company, however, may fall foul of President Trump’s America First trade mantra by opening production lines in the Far East.
Stock in the polysilicon manufacturer appeared to be recovering in early trading on the Oslo exchange this morning after it cancelled plans for a private placement of as many as 50 million shares.
As the solar industry digests yesterday’s announcement by Theresa May of a net zero carbon ambition by 2050, developer Solarcentury says Downing Street is hugely underestimating the role PV can play in achieving that milestone.
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