PV leads the way as renewables threaten coal-fired power

With clean energy being generated at lower and lower prices around the world, solar power is playing a leading role in bringing the curtain down on coal, and will help the decarbonization of transport and space heating too.

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China reveals details of first 15 GW of grid parity solar

Some 168 projects will be developed across 16 provinces free from central government subsidy. The fact the average capacity of such projects has tumbled indicates Beijing’s plan to accelerate the arrival of subsidy free solar may be on track.

China confirms FIT level payments – but they will be ‘subject to competition’

The Beijing authorities have confirmed the payment levels to be made according to type of project and region from July onwards but an auction process will be involved so the figures are for guidance only. No decision has yet been made on the 30 GW of capacity added since the end of May.

Australia and India helped make up for Chinese solar retreat last year

The world had more than half a terawatt of PV generation capacity at the end of last year as emerging solar markets picked up the slack caused by Beijing’s subsidy about-turn to the tune of a 20% rise in installations outside China.

Meyer Burger contract announcement emphasizes difference from Hanwha passivation tech

With the legal squabble between Hanwha Q Cells and three rival solar manufacturers now encompassing three countries, equipment supplier Meyer Burger saw fit to refer to the dispute in its latest announcement of an Asian contract win.

Rise of bifacial lifts profits for the world’s tracker companies

Things are hotting up in the tracker world as the desire to squeeze down the price per Watt of solar power intensifies. And the rise of the trackers is attracting some well-known businesses to buy their way into the field.

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Longi’s 5 GW high-efficiency mono PERC factory will be at full capacity ‘soon’

The Chinese mono giant is already producing bifacial half cut modules at its new Anhui fab after the completion of an initial 2.5 GW phase of operations. And the company president confirmed Longi is on track for 45 GW of mono wafer and ingot production capacity next year.

Tesla borrows $520m from Chinese state-owned lenders for Shanghai Gigafactory

The electric carmaker has signed 12-month credit agreements with three of China’s ‘Big Four’ lenders as well as the development bank for Shanghai as it aims to get its lower-priced Model 3s rolling off the production line by the end of the year.

Canadian Solar revises up estimates while giving PG&E update

The Ontario firm has revised figures for shipments, net revenue and gross margin after seeing better-than-expected trading in the final three months of 2018.

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Corporate clean energy smashes records

Companies in the United States accounted for more than 60% of the clean energy deals signed by corporations worldwide last year, according to BloombergNEF. A proposed renewable portfolio standard for Chinese business, though, could turn the picture upside down in a year’s time.

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