Asia

Major polysilicon and wafer manufacturer GCL-Poly Energy Holdings verified the completion of its granular silicon facility as well as, in a significant turnaround of its lot of money in 2020, is expecting RMB5.4 billion (US$ 850 million) in net profit for 2021, according to a business statement.

Polysilicon producer Daqo New Energy is expecting a five-fold rise in internet profit from its Xinjiang subsidiary as it remains to progress growth plans.

If 2021 was a defining year for clean hydrogen, hang on to your hats for 2022. Electrolyzer sales are projected to quadruple this year-- driven by the Chinese, U.S. and also European markets-- and also clean hydrogen demand from industry is set to go beyond usage in autos several times over. Meanwhile, taking advantage of investor enthusiasm, a flurry of hydrogen business will go public this year, and greater than 20 nations are anticipated to release a national hydrogen approach.

In 2021, greater than $1.6 trillion in sustainable financial debt tools were provided, setting a new record and also bringing the total market to over $4 trillion.

Oman is inaugurating today the 500-MWac Ibri II photovoltaic (PV) park in the northwestern governorate of Al Dhahirah, which stood for an investment of regarding OMR 155 million (USD 403.1 m/EUR 356m).

A group of researchers from the National University of Singapore (NUS) has set a new record in the power conversion effectiveness of solar cells made using perovskite and also organic materials. This technological innovation paves the way for flexible, light-weight, low cost as well as ultra-thin photovoltaic cells which are excellent for powering lorries, watercrafts, blinds and also various other applications.

Japanese player and partners issue green bond for Abu Dhabi PV giant

The trend will be sustained via strong demand, favourable policies, most likely enhancement in power efficiency, and also price competitiveness, claims CRISIL. Besides, with the federal government supporting domestic manufacturers with policy measures, their competitiveness relative to the Chinese is anticipated to boost.

Toronto-based renewables designer Amp Energy has closed on a US$ 350 million credit facility to bear down a worldwide profile of renewables and also battery energy storage assets.

India goes to risk of a supply and also demand mismatch for solar equipment if residential PV manufacturers are not able to meet the amount and also quality called for by project programmers, Fitch Solutions has actually warned.

Solar as well as better desalination to help in reducing emissions Oil-rich emirate objectives to make power more affordable for industry

Bigger scale projects stuttered because of delays and also high costs Chinese lenders lowered borrowing costs for a second month

Inflation hits as energy markets face green transition.

Distributed PV setups in China covered 29GW last year, contributing over half of total solar installments in the country for the very first time.

A 3 MW plant established under the Smart City Project is close to conclusion