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.

Tesla borrows $520m from China 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.

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Trump trade announcement offers hope of breakthrough

The president last night announced he is hoping to arrange a meeting with Chinese counterpart Xi Jinping to bring an end to the long-running trade stand-off between the two nations, provided further progress can be made in negotiations.

Canadian Solar revises up estimates while giving PG&E update

The Chinese-Canadian manufacturer and developer says that current contracts with PG&E are in doubt, but expresses more confidence about projects due to be interconnected.

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.

Solar will rebound this year with more than 100 GW of new capacity

Wood Mackenzie’s number-crunchers are the latest analysts queueing up to predict a bumper year ahead for PV, with falling prices, rising efficiency rates and booming markets outside China all on the cards. And it could be a make-or-break year for mega-projects according to Wood Mac.

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IRENA clarion call for G20 leaders may fall on deaf ears

In an advisory requested by Argentinian hosts, agency reports on the role solar can play in firing the energy transition up to 2050 – but was anybody listening?

Hanwha continues tidy up of solar business with NASDAQ delisting

Hanwha Q Cells’ New York-listed business unit will come back under the company umbrella early next year, with a separate merger between two further units of the Korean conglomerate set to consolidate its solar expertise in house.

Facebook likes clean energy as corporate purchasing sets record

The social media titan is the world’s biggest corporate buyer of renewable energy so far this year. BNEF figures show the company has already secured 1.1 GW of green power this year, helping the corporate world break last year’s landmark.

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