Victoria takes into consideration 600MW of new renewables to aid drive economic healing
The Australian state of Victoria has started a process to test market interest as well as capacity for brand-new solar, wind and also other renewable energy projects.
Sep 2, 2020 // Plants, Large-Scale, Commercial, UTILITY-SCALE SOLAR, Victoria, Australia, climate council, Oceania, Clean Energy Council, Kane Thornton, covid-19, Tim Baxter
Encavis strikes the accelerator on 2 COVID-hit Spanish solar farms
Renewables driver Encavis has struck the accelerator on two significant solar projects in Spain beleaguered by COVID delays as it seeks to capitalise on revenue growth.
Aug 26, 2020 // Plants, Large-Scale, Commercial, Spain, Europe, encavis, solarcentury, covid-19, Dierk Paskert
Lithium battery equipment makers buffeted by Covid
Grid scale lith-ion batteries may be increasing Stateside, yet an expected recovery in the assembly line sector will be put on hold up until following year because of the pandemic, according to one expert.
Aug 19, 2020 // Markets & Finance News, Storage, China, IHS Markit, Europe, Asia, lithium, North America, middle east, SUB-SAHARAN AFRICA, northern africa, covid-19
Energy storage financial investment to come close to $10bn in 2025
Expert IHS Markit has anticipated storage space will certainly rebound this year following its very first year-on-year decline in 2019. The modern technology is being rolled out at speed despite Covid-19 with state-level plans readied to maintain the US the worldwide capital for the next five years.
Aug 19, 2020 // Markets & Finance News, Storage, France, China, United Kingdom, Australia, IHS Markit, Europe, Asia, Oceania, North America, covid-19, United States
Large-scale renewable resource investment in Australia hits three-year reduced
Struck by grid connection challenges, large-scale renewable energy projects committed in Australia in the 2nd quarter of 2020 went to their lowest level because 2017, according to new data from the Clean Energy Council (CEC).
Aug 18, 2020 // Markets & Finance News, Australia, Oceania, Clean Energy Council, Kane Thornton, grid connection, covid-19, renewables investment
Solargiga problems revenue caution
The decision to eliminate its cell production capability has actually motivated significant impairment losses which, along with a Covid-19-related depression sought after, will certainly erase the gains used by new solar ingot, wafer and module assembly line.
Aug 17, 2020 // Manufacturing News, Markets & Finance News, China, Hong Kong, Asia, Solargiga, covid-19
Azure Power project commissions grind to a stop as COVID attacks
Azure Power's project appointing task ground to a stop in the three months finished 30 June 2020, as the impacts of COVID-19 were really felt strongly in India.
Aug 14, 2020 // Markets & Finance News, UTILITY-SCALE SOLAR, IPP, India, Asia, Azure Power, covid-19
Solar as well as wind create record 10% of international electricity
Solar and also wind generated a record 9.8% of global electrical energy throughout the initial six months of 2020, but additional gains are needed if Paris Agreement targets are to be fulfilled, a new report has claimed.
Aug 13, 2020 // Plants, Markets & Finance News, stats, energy transition, covid-19, Ember, solar generation, paris agreement, Dave Jones
SPI goes totally virtual as Las Vegas trade show is cancelled
SPI, North America's largest solar sector occasion, will certainly currently be fully virtual after the organisers terminated an outdoor exhibit rescheduled for October.
Aug 13, 2020 // Markets & Finance News, USA, North America, covid-19, spi, Stephen Miner
Worldwide solar activity 'far from being back where it should be'-- Mercom
Global corporate financing for solar projects in the very first fifty percent of 2020 was US$ 4.5 billion, a 25% decline year-over-year, according to a report from Mercom Capital Group.
Aug 7, 2020 // Markets & Finance News, Market Research, Mercom Capital Group, pv power plants, Raj Prabhu, covid-19
Indian 1.2 GW solar sees 'hostile' tariffs, Actis buys 400MW of properties
Azure Power and Tata Power were amongst the champions in a reverse auction for 1.2 GW of solar projects under India's ISTS programme which saw winning tariffs of INR2.43/ kWh (US$ 0.0324).
Aug 7, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, Tariffs, India, SECI, Asia, Actis, tata power, Azure Power, solar tender, acme, covid-19, auctions and tenders
First Solar sells O&M arm, checks out future of EPC business as tax equity headwinds loom
' Solar Module Super League' member First Solar has actually intended to increase down on manufacturing with the sale of its O&M division, having actually started conversations around the future of its EPC company.
Aug 7, 2020 // Manufacturing News, Markets & Finance News, EPC, ITC, O&M, First Solar, Mark Widmar, covid-19, series six, tax equity
Wacker CEO strikes out at Chinese competitors
Rudolf Staudigl highlighted polysilicon production overcapacity amongst Chinese competitors as he revealed Covid-19-battered second-quarter numbers for the Munich-based chemicals empire.
Aug 5, 2020 // Manufacturing News, Markets & Finance News, Germany, Europe, wacker chemie, Rudolf Staudigl, covid-19
SolarEdge up 12% after hrs on second-quarter income and also strong profits-- despite Covid-19
The inverter and also energy storage company was able to preserve its streak of rewarding quarters in what was expected to be a difficult period for solar and also the Israeli business said it sees "indicators of recovery in the U.S."
Aug 4, 2020 // Markets & Finance News, Storage, Inverters, Germany, Italy, Australia, Europe, Asia, SolarEdge, Israel, Oceania, Netherlands, North America, covid-19, United States, Zivi Lando
Chinese solar glass company maintains 24-hour heaters running throughout Covid situation
Xinyi Solar has actually revealed an additional excellent collection of figures and also strategies another 1,000-ton-per-day assembly line this month plus a new mine to source resources in September.
Aug 3, 2020 // Manufacturing News, China, Asia, Xinyi Solar, covid-19