Trade body expects China to add 90 GW of solar this year
Solar developer Beijing Energy reported a bumper prediction apparently made by the China Electricity Council, as the developer published its annual figures today.
Polysilicon maker predicts 5-year shortage of solar raw material
TBEA-owned Xinte Energy says it cannot produce polysilicon quickly enough to meet demand and wants shareholders to back its bid to quadruple its manufacturing capacity by mid 2024.
Chinese manufacturer wants 28%-plus efficient HJT perovskite tandem solar cells
Footwear producer Golden Solar announced it would enter the solar market last year, with a focus on heterojunction devices.
GCL shifts emphasis to green hydrogen as gas supply deal falls through
Previously announced plans by the solar developer to pay a deposit to secure gas from a connected business expired on Friday and the company has now said it will focus on a form of the energy carrier powered by renewables.
Bail-out of Chinese developer could drive 735MW of solar
Heavily-indebted developer Beijing Enterprises Clean Energy has said it plans to use part of its anticipated $600 million windfall constructing 655MW of agrivoltaic and acquaculture-linked PV generation capacity.
GCL wants note holders to back switch to gas-fired hydrogen
The Chinese solar developer, which has sold off four-fifths of its PV project capacity to state-owned entities, wants the permission of the holders of $420 million of 2024 senior notes to change the terms of their investment so it can buy Ethiopian natural gas from a connected business.
Shanghai Electric sounds death knell for CIGS manufacturing project backed by $197m of public money
With five public entities having committed RMB1.25 billion into a project to produce copper, indium, gallium, selenide solar modules five years ago, the joint venture has been abandoned at an estimated impairment cost of RMB1.42 billion.
Forced sale of Shunfeng projects will remove biggest overdue debt
Creditor Chongqing, which has been owed more than $100 million by the embattled developer for 14 months, will force through a sale of 180 MW of solar capacity to a third party. Shunfeng had originally wanted to sell the projects to Chongqing six years ago.
GCL-Poly says staff at state company gave misleading responses to investigation into problematic pre-payment
“Junior” figures at state-owned Sinomec Refinery & Chemical Corp told investigators from then-GCL auditor Deloitte that most of an advance payment made for a granular silicon plant had been passed on, in a bid to dissuade GCL from halting the EPC contract, the solar manufacturer said on Friday.
Solargiga reports nine-month figures
Shipments and revenue both rose in the first three quarters, for a company which this year announced the painful consequences of winding down its cell manufacturing operation were behind it.
