Embattled German PV panel maker SolarWorld said it expects to miss its forecast for revenue and earnings before interest and taxes (Ebit) for this year, blaming renewed Chinese dumping that it says has caused global solar prices to fall.
24 October 2016 09:39 GMT
Fitch Ratings has warned that oil companies not diversified into renewables could struggle to access capital as the advance of battery technologies and the rise of electric vehicles (EVs) curbs global demand for oil.
19 October 2016 06:33 GMT
Britain’s National Audit Office (NAO) has sharply criticised the former Department of Energy and Climate Change for allowing the Levy Control Framework (LCF) cap to be exceeded, mainly due to excessively high offshore wind costs.
18 October 2016 04:04 GMT
Suntech today became the latest Chinese solar manufacturer to walk away from a voluntary pricing deal with the EU, as a European lobbying group accused China’s PV majors of growing “desperation” in the face of huge overcapacity at home.
18 October 2016 12:57 GMT
A route to market should be provided for onshore wind and solar as the cheapest forms of low-carbon electricity generation, according to a new report from UK government advisory body the Committee on Climate Change (CCC) that adds to the debate raging over British energy policy after its Brexit vote.
13 October 2016 07:32 GMT
Germany’s federal grid agency BNetzA has launched a first cross-border tender for 50MW of PV capacity together with neighbouring Denmark, following up on an earlier co-operation agreement between the two EU member states.
12 October 2016 11:41 GMT
Global renewables investment had its weakest three months since 2013 in the third quarter of this year, said research group Bloomberg New Energy Finance (BNEF) – which described the Q3 figures as “worryingly low”.
10 October 2016 11:52 GMT
In his Recharge column last month, Solarcentury founding director Jeremy Leggett expressed his astonishment at the absence of debate regarding UK energy policy, both prior to the EU referendum and in its aftermath.
05 October 2016 01:28 GMT
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