Energy deal activity down in the Americas but renewables show strength
An Ernst & Young report has found power and utility deals fell off markedly in the Americas during the first half of the year because of the Covid-19 pandemic but commitment to clean energy investment appeared to remain strong.
Portugal’s 700 MW solar auction ten times oversubscribed
Minister of the environment and climate action, João Pedro Matos Fernandes, announced the development and revealed nine of the ten lots tendered include energy storage.
Covid-19 weekly round-up: Updates shed light on tough second quarter for solar industry firms
But Israeli inverter company Solaredge and Indian engineering, procurement and construction services provider Sterling and Wilson have both offered hope of a recovery in Europe as Chinese glass producer Xinyi said it kept the furnaces going throughout the worst of the pandemic.
Chinese solar glass company keeps 24-hour furnaces running during Covid crisis
Xinyi Solar has revealed another impressive set of figures and plans another 1,000-ton-per-day production line this month plus a new mine to source raw materials in September.
Indian EPC Sterling and Wilson: Europe will be our next stop
Having bagged large orders in the U.S. and Australia, Indian multinational engineering, procurement and construction (EPC) services provider Sterling and Wilson Solar is bidding for tenders in new regions, Europe among them. Kannan Krishnan, S&W’s chief operations officer for solar in India and the South Asian Association for Regional Cooperation area, speaks to pv magazine about the impact of Covid-19 on the solar EPC business and the company’s expansion plans.
Covid-19 weekly round-up: Solar resilient in the US as Australia and Europe forge ahead through crisis
Plus, U.K. analyst Cornwall Insight reports the price of green energy certificates in the nation could stay in the doldrums for some time and industry executives consider the upsides of the new virtual PV business.
Renewables outpace nuclear and coal in the US
The latest edition of the US Energy Information Administration’s Electric Power Monthly report shows renewables generated more electricity through May 31 than coal and nuclear.
Exclusive interview – Jinko Power on how it offered the world’s lowest solar power price
pv magazine’s Amjad Khashman has spoken to Chinese solar developer Jinko Power about negotiating the world record low price tariff agreed for electricity generated at the Al Dhafra solar project in Abu Dhabi.
Covid-19 weekly round-up: Biden’s $2tn green recovery program as Germany prepares to return to normality
Plus, even stay-at-home orders and plunging commercial energy demand failed to take the sting out of Australia’s solar duck curve and China’s GCL System counts the first-half cost of the public health crisis.
Germany reinstates regular solar tender schedule
The extraordinary measure of not publishing the results of successful project bids – brought in during the Covid-19 crisis – is set to be lifted from September, when the projects allocated in procurement rounds over the last five months will be made public.
