Investment in industrial solar power plants fell significantly in 2020

News

Investment in industrial solar power plants fell significantly in 2020

27.11.2020 News

Company representatives, who engaged in the design, construction and equipment for solar power plants, note a significant decline in demand for their services. This is due to instability of the industry and growing debts for “green” electricity.

“We are talking about 1260 MW of RES generation that has been launched in the first three quarters of this year. This is more of a moment of inertia. If you take away all the facilities that were decided to invest in this year, when all these problems just began, there will be very little left of this figure, perhaps ten percent, “said the director of Voltage Group Vitaliy Nikolaenko, who oversees the implementation of design projects and construction of energy facilities.

The owner and CEO of Atmosphere Oleksiy Badika is a distributor of technologies and equipment for renewable energy. He also noted the reduction in demand for domestic SPP this year.

In addition, CEO of high-voltage equipment manufacturer Volten Group Alexander Suslov said: “By the beginning of the year, we had plans to participate in 200 MW projects, as a result – 13 MW per year. This is a catastrophic decline in the industry”.

Other articles

  • Volkswagen is to invest $ 75 billion in “technology of the future”
    News

    Volkswagen is to invest $ 75 billion in “technology of the future”

    German automaker Volkswagen will invest about 73 billion euros over the next five years in electrification, hybrid powertrains and digital technology, the company said in a statement following a meeting of the supervisory board. In particular, about 35 billion euros are planned to be spent on electric cars on battery power, about 11 billion – […]

  • Netflix’s future growth will come from India and other major Asian markets
    News

    Netflix’s future growth will come from India and other major Asian markets

    Shares of Netflix fell after the company released a quarterly report on October 20 with only 2.2 million new subscribers. At the same time, over the last week, stock growth has resumed and since the beginning of the year, the share price of Netflix has risen by 59%. The company’s management and analysts cited the […]

  • Alibaba invests in the largest hypermarket operator in China
    News

    Alibaba invests in the largest hypermarket operator in China

    The largest Chinese Internet company Alibaba Group Holding Ltd. will acquire from Auchan Retail International shares of the largest Chinese hypermarket operator Sun Art Retail Group for $ 3.6 billion, according to the press release from Alibaba. “Alibaba is investing $ 28 billion ($ 3.6 billion) to acquire … 70.94% of Auchan Retail’s stake in […]

  • Nestle will invest $ 30 million in the disposal and recycling of plastic waste
    News

    Nestle will invest $ 30 million in the disposal and recycling of plastic waste

    This year the company Nestle has established a venture fund package for $ 260 million, but it is just a part of a wider initiative of $ 2.1 billion for abandonment of primary plastic. Two years ago, Nestle that will make all its packaging suitable for recycling or re-use and intends to reduce the use […]

  • Berkshire Hathaway is investing $ 570 million in technology startup of the Snowflake
    News

    Berkshire Hathaway is investing $ 570 million in technology startup of the Snowflake

    Warren Buffett’s US company – Berkshire Hathaway intends to invest more than $ 570 million in Snowflake, a cloud technology company. It was reported after Snowflake announced a price range for its future initial public offering. The company wants to get the estimate of $ 23.7 billion, writes the Financial Times. Snowflake said that during […]

  • Australia is experiencing a record drop in GDP in 60 years
    News

    Australia is experiencing a record drop in GDP in 60 years

    In the second quarter, the Australian economy fell by 7% to the first quarter amid a coronavirus pandemic. In the previous quarter, the decline was 0.3%. Thus, Australia has entered a recession for the first time in 30 years. The quarterly decline in GDP has been the highest since the beginning of observations in 1959. […]

  • Yaroslavsky is ready to attract $ 1 billion in investments for the Kharkiv Aircraft Plant
    News

    Yaroslavsky is ready to attract $ 1 billion in investments for the Kharkiv Aircraft Plant

    The owner and president of DCH Oleksandr Yaroslavsky is ready to attract $ 1 billion in investments in the restoration of the Kharkiv Aviation Production Enterprise. This statement is published on the official website of the DCH. “The DCH Group is ready to take responsibility for the resumption of domestic aircraft construction and raise $ […]

Read also

Investment in industrial solar power plants fell significantly in 2020
News

Coca-Cola sells the manufacturer of “Yarilo” kvass

The Antimonopoly Committee gave the permission to the Nova Trade LTD Baileys company for the  acquisition of more than 50% stake of the company “Kvass Beverages”, which is the part of the Coca-Cola Company Group. This is said in a statement of the regulator. The “Kvass Beverages”Company from Zaporizhzhya  produces kvass of live fermentation under  “Yarilo” […]

Next
Investment in industrial solar power plants fell significantly in 2020
Analytics

Lawyer’s opinion on the nationalization of PrivatBank: what to expect next?

And again we return to the theme of PrivatBank: not because of the desire to discuss again , perhaps, one of the most resonant events in the past year, but from a desire to understand and clarify some of the nuances of the case. To do this, we asked for a comment to one of […]

Next
Investment in industrial solar power plants fell significantly in 2020
News

Bloomberg named the leaders of the post-pandemic world

The economy will begin to recover in the aftermath of the coronavirus pandemic crisis, but some will lag behind the “leaders of the post-pandemic world” – the United States and China, writes Bloomberg Economics on April 4. The recovery of the global economy is projected to be at a record pace and will grow by […]

Next
Investment in industrial solar power plants fell significantly in 2020
News

USA Department of Justice filed a multimillion-dollar lawsuit against the Volkswagen Group

The world’s largest car manufacturing company Volkswagen, which has recently been involved in a major diesel scandal for understating  of emissions of harmful substances into the atmosphere, will now be sued in court on charges of violation of environmental legislation. Recently the USA Department of Justice filed a civil suit in federal court. The statement […]

Next
Investment in industrial solar power plants fell significantly in 2020
News

Volvo announced record sales for the quarter

Sales growth for Volvo Cars in the first quarter of 2021 was 40.8% compared to the same period last year. He became the best in the history of the Swedish automaker. Total sales for this period reached 185,698 cars, compared to 131,889 cars for the same period last year. Compared to the first quarter of […]

Next
Investment in industrial solar power plants fell significantly in 2020
News

Naftogaz commented on the searches

During a visit to Washington, the head of Naftogaz Yuri Vitrenko commented on searches of the company in the case of non-payment of VAT for 2.7 billion hryvnias for Russian gas. “On the one hand, the State Fiscal Service constantly checks Naftogaz. That is, there is nothing surprising in the fact that there is another […]

Next
Investment in industrial solar power plants fell significantly in 2020
News

Nissan and Renault are planning a global merger

The alliance between the two companies has been  existing for 15 years, but for now the direction of companies   expect for closer cooperation. It is supposed to create a single platform, which will produce 70% of Nissan and Renault cars (now there are 10% of manufactured machines), in fact, both brands are planning to release […]

Next
Investment in industrial solar power plants fell significantly in 2020
News

China and Korea are investing in Ukraine?

In Ukraine this year can begin flow the investment from Korea and China. It became known from the message of the investment portal InVenture. This development scenario is possible with the signing of an agreement on free trade zone with China. About potential investment operations notified Oleh Ustenko – Executive Director of the company, which […]

Next
Investment in industrial solar power plants fell significantly in 2020
News

Singapore Economy is Collapsed Due to Lockdown

Singapore’s gross domestic product in the second quarter of 2020 fell by 41.2% compared to the previous quarter. This is evidenced by preliminary national statistics published on Tuesday, July 14. The volume of industrial production decreased by 23.1%, while construction fell by 95.6%, and the decline in services amounted to 37.7%. The results were a […]

Next
Investment in industrial solar power plants fell significantly in 2020
News

Apple’s quarterly revenue broke the record

American gadget manufacturer Apple Inc. in July-September reduced net income to $ 12.67 billion, or $ 0.73 per share, compared to $ 13.68 billion, or $ 0.76 per share, for the same period in 2019. Stock analysts forecast a rate of $ 0.71 per share. Apple’s quarterly revenue grew 1% year on year to $ […]

Next
Investment in industrial solar power plants fell significantly in 2020
News

In Japan reported about cyberattacks on the vaccine developers

Since April of this year, Japanese companies and organizations involved in the development of the vaccines that protect against coronavirus infection, periodically experience cyber-attacks. This was announced on Monday, October 19, by Kyodo news agency, with the reference to the experts of the American company CrowdStrike, engaged in the cybersecurity. According to experts of the […]

Next
Investment in industrial solar power plants fell significantly in 2020
News

TAS-Agro is going to increase its land bank up to 55 thous. Ha

The TAS-Agro company  plans to increase its land bank from  95 to 150 thous. Ha. The company is interested in areas in the northern part of Ukraine. This was announced by the investment chief of the TAS Group company –  Anton Kernasovskyi, –  says  delo.ua. According to him, he does not know exactly when and […]

Next
Investment in industrial solar power plants fell significantly in 2020
News

Thermo Fisher merges with the Affymetrix company

The largest manufacturer of equipment for laboratory research Thermo Fisher, conclude a purchase deal to buy the Affymetrix company, which develops integrated solutions for genetic researches, for $ 1.3 billion cash. Following the announcement of the transaction, shares of the Affymetrix company sharply increased in price by 50%. Currently, Thermo Fisher estimates Affymetrix estimates at […]

Next
Investment in industrial solar power plants fell significantly in 2020
News

Toyota has introduced two cars with autonomous driving

Toyota Motors has introduced two cars Lexus IS and Toyota Mirai with new autonomous driving functions. New Advanced Drive assist technology includes a second-level autonomous system that helps drive the car by restricting the car’s lane, maintaining distance from other vehicles and changing lanes under the supervision of the driver. According to Toyota CEO James […]

Next
Investment in industrial solar power plants fell significantly in 2020
News

Deutsche Bank staff questioned as part of Libor investigation

Current and former Deutsche Bank staff have been questioned by the Serious Fraud Office in recent weeks in relation to the investigation into Libor rate-rigging. Traders have been interviewed about the manipulation of the London interbank offered rate and its euro counterpart, Bloomberg has reported. The interviews come shortly after the conviction of former UBS […]

Next
Investment in industrial solar power plants fell significantly in 2020
News

Digital tools from METRO to grow your business!

There are more and more services every day that you can use with your own gadget from home. For business in the field of HoReCa, interaction with customers in the digital world is crucial. After all, guests are accustomed to convenient one-click booking, reminders about their reservations and more. Today, business owners are actively developing […]

Next
WP2Social Auto Publish Powered By : XYZScripts.com