BloombergNEF figures show financial vehicles linked to environmental and/or social benefits amounted to $247bn worldwide in 2018. The US led the way, almost entirely because state-backed mortgage provider Fannie Mae issued $19.8bn worth of green home loans.

As the dust settles on an imperfect, but still welcome, international agreement thrashed out at COP 24, the chairman of the European Energy Research Alliance has criticized the solar industry for its lack of representation in Katowice.

It is unclear whether Angus Taylor is a climate sceptic, but with new PM Scott Morrison having immediately separated the energy and environment ministries – and having in the past professed a curious affection for coal – life could be about to get a whole lot tougher for the Australian PV industry.

Shanghai Electric says the Chinese government’s abrupt decision to rein in solar was a significant factor in the collapse of its planned US$3.64 billion acquisition of a controlling stake in the world’s biggest poly maker.

Former manufacturing giant establishes a foothold in the promising Australian market, and says it is in talks with developer Biosar about supplying further modules for projects in the nation.