News

Panda Green accepts $22.5m hit on sale of 540 MW of solar projects

The heavily indebted developer has cashed in two eight-project portfolios for an immediate $28 million windfall but accepted the sales recognize heavy losses as it continues to try and pay down debt.

Sep 8, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, China, Asia, Panda Green, Shanxi Silu Electricity Engineering Co Ltd, Changzhou Zhaolian Lvchang New Energy Ltd

New metallization process cuts silver demand for modules by 30%

Fraunhofer ISE has worked with German technology companies to improve the metallization process in silicon solar cells. The result could drive down module costs quite a bit.

Sep 8, 2019 // Technology, Manufacturing News, solar cell, Fraunhofer ISE, PERC, metallisation, wickon hightech, koenen, murakami, Florian Clement

Solar-plus-storage vs grid enhancement

Ontario’s Independent Electricity System Operator will implement a pilot project for a future electricity market based on PV, storage and smart power consumption. The utility says the project will be a cheaper, more efficient alternative to expanding grid infrastructure.

Sep 8, 2019 // Plants, Large-Scale, Commercial, IESO, Alectra Utilities, Natural Resources Canada, Terry Young

Comtec ready to swim against the tide by outsourcing manufacturing

While the rest of China’s solar manufacturers take on ever more debt to expand their production lines as fast as possible, Comtec said it is ready to sell off fabs for the right money and will instead focus on project sales and lithium battery and EV business opportunities.

Sep 6, 2019 // Manufacturing News, Plants, Large-Scale, Commercial, Markets & Finance News, China, Asia, Comtec, John Yi Zhang

Jordan launches tender for utility scale solar at Azraq refugee camp

When built, the 5 MW solar park will supplement two other megawatt scale plants powering the camp. The project is expected to be developed with the support of the Spanish government.

Sep 6, 2019 // Plants, Spain, tender, Europe, MEMR, Azraq, Dave Mozersky

Big money for Turkey’s 500 MW solar factory

With the Turkish government having given Kalyon Enerji another three years to build the 500 MW facility it won a tender to construct with former partner Hanwha Q Cells, Ankara has now committed a $333 million “super incentive” to the fab.

Sep 6, 2019 // Manufacturing News, Markets & Finance News, Asia, Kalyon Enerji, Eren Engur, Hanwha Q Cells, Turkey

ABB called out by UK Solar Trade Association over quality and customer support

The STA has warned Italian company Fimer, which is set to acquire Swiss company ABB’s inverter business, it will have to honor customer service commitments made to its British members, and voiced fears related to historic quality issues with ABB inverters.

Sep 6, 2019 // Inverters, ABB, Inverters, Europe, Fimer, Solar Trade Association, Power-One

Ukraine orders lift Risen up overseas module shipment rankings

The Ningbo-based manufacturer shipped more than a quarter of the panels it exported in the first six months of the year to the eastern European nation. All the big manufacturers posted rising shipment volumes as emerging markets made up for slow growth in their homeland.

Sep 6, 2019 // Manufacturing News, Jinko Solar, China, Ukraine, JA Solar, Europe, Asia, Trina Solar, GCL, Risen, Chint

Solibro restructuring plan will depend on shareholders

The District Court of Dessau-Roßlau yesterday confirmed self-administered insolvency proceedings have been conducted at the German thin-film CIGS module manufacturer and a provisional administrator has been appointed.

Sep 6, 2019 // Manufacturing News, Markets & Finance News, Germany, Europe, Solibro, thin-film CIGS module, Henning Schorisch

France added just 397 MW of solar in six months

At the end of June, France’s installed PV capacity topped 9.3 GW for a 4% increase on the figure recorded at the end of December. Only 397 MW of new capacity was put into operation, however, a much lower figure than the 490 MW deployed in the same period of 2018. Why?

Sep 6, 2019 // Plants, Large-Scale, Commercial, France, Europe, CRE, David Callegari

China’s aluminum smelters alone could shift 2.3% of daily electricity demand

German energy agency Dena has found China’s smelter fleet could shift 432.5 GWh of daily demand to more amenable hours to tally with renewables generation. To make it happen though, the regulator needs to lay down rules for providing incentives.

Sep 5, 2019 // Manufacturing News, Plants, Large-Scale, Commercial, Germany, China, Europe, Asia, Dena, flexible

Solar, energy storage, renewables: Where do the top Democratic candidates stand?

On Wednesday, the ten Democratic presidential hopefuls discussed their environment and energy priorities during a televised town hall meeting in New York City.

Sep 5, 2019 // Markets & Finance News, Policy, New York City, Cory Booker, Joe Biden, Elizabeth Warren, Bernie Sanders, Kamala Harris

Urban Grid lands US$100m funding to help support 5GW PV pipeline

US PV developer Urban Grid has closed a senior secured term loan facility for up to US$100 million with New York-based private credit manager and asset-based lender Crayhill Capital Management LP.

Sep 5, 2019 // Markets & Finance News, USA, North America, crayhill, urban grid, funding

Ameren puts forward plans for 30MW of solar-plus-storage in rural Missouri

Utility Ameren Missouri is planning three grid-scale solar facilities with energy storage, marking what is claimed will be the first ever instance of an energy company in the US Mid-West state powering its customers’ homes with batteries.

Sep 5, 2019 // Plants, Large-Scale, Commercial, Storage, USA, pv power plants, solar pv, solar-plus-storage, BESS, North America, Missouri, ameren, battery energy storage systems

Polish solar goes big with 1.1GW dual announcement

Poland’s still-nascent solar market could witness a colossal boost in the future if two schemes unveiled this week succeed in reaching the finish line.

Sep 5, 2019 // Plants, Large-Scale, Commercial, Poland, utility-scale PV, Europe, eastern europe, mining, miner, large-scale pv, solar mines

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