Chinese PV Industry Brief: Financials, a new GW-scale factory, and big hydrogen
Longi and Sungrow both announced solid financial results last week. Module maker China Solar delayed the resumption of trading on the Hong Kong stock exchange, and polysilicon producer GCL-Poly unveiled plans to raise up to $16.8 million by issuing shares. Coal miner Baofeng Energy, meanwhile, announced the construction of what it claims will be the world’s largest PV-powered hydrogen plant, and Seraphim and Lu’An Solar revealed that they will open a 5 GW PV panel factory in China’s Jiangsu province.
Morning Brief: Renewable prices reach record low in California, rural Georgia meets big solar and jobs
Also in the brief: DOE to invest more than $5 million in tribal energy infrastructure
Permit and Google data show major residential solar players best suited to weather lockdown
Permitting and Google search data show substantially more resi solar installs in Q1 2020, compared with the same period in 2019. Data suggests that major national installers, leveraging online sales, are better positioned than most to weather the COVID-19 pandemic.
Hydrogen and ‘direct air carbon capture’ enter the policy conversation
While utilities, municipalities and states across the U.S. struggle to find a cost-effective way to get to 100% carbon-free power, some companies, like Wärtsilä North America, think that the answer is closer than we realize.
A renewable path to Hawaii’s recovery
Given Hawaii’s audacious renewable energy goals it seems logical that industries such as solar can help be a big part of that recovery.
Dominion plans 16 GW of solar for Virginia by 2035
Under the utility’s latest IRP, Dominion plans to procure 16 GW of solar, 2.7 GW of storage and 5.1 GW of offshore wind in the next 15 years. Kicking off these new plans comes a request for proposals of 1 GW of solar or wind and 250 MW of energy storage.
Investor-owned utilities pay top executives millions — are they worth it?
Energy and Policy Institute has tracked the past three years of CEO compensation at 41 investor-owned utilities across the country. And, while the numbers are eye-popping, a well-paid CEO does not necessarily reflect company success.
Morning Brief: Houston is buying 100% renewable energy, SolRiver Capital has $200 million for solar projects
Also in the brief: Alchemy Renewable Energy has closed on deal to acquire a 44.5 MWdc solar energy portfolio, Ormat Technologies has begun the commercial operation of the Rabbit Hill Battery Energy Storage System, Kansas’ largest solar project ever has officially gone live and more.
Texas could add 3.5 GW of solar this year
Additional solar could help the ERCOT grid region in Texas meet its summer peak, after it faced “tight grid conditions” last summer. New task forces aim to improve ERCOT’s markets for ancillary services and battery storage.
J-Power, a dedicated fossil fuel developer, goes big in solar with 350 MW in ERCOT
The economics of solar project development in Texas are so compelling, even coal and gas giants want a piece of the action.
