JinkoSolar secures $70m loan agreement with Ex-Im BankBulk of the loan ($62 million) will be used to support the Chinese solar company’s long-term fixed assets, with a further $8 million (RMB50 million) loan to be used for working capital at its Malaysia factory. August 3, 2015 Ian Clover Installations Legal Markets Markets & Policy Share Chinese vertically integrated solar company JinkoSolar has signed two large loan agreements with the Export-Import Bank (Ex-Im Bank) China for the further development of its long-term solar assets and Malaysian production facility. The terms of the agreement stipulate that $62 million will be used to support JinkoSolars fixed and long-term assets, with some of the monies from this loan also going towards mid-term working capital at the Malaysia plant. A more immediate loan of RMB50 million ($8 million) will be used to support near-term working capital at the facility. According to JinkoSolar CEO Kangping Chen, the agreement with Ex-Im Bank is indicative of industry confidence in the JinkoSolar brand, and will help to support the companys globalization strategy. “Our production facility in Malaysia has been performing well since it began operations in May, and now it is nearly operating at full capacity after ramping up for the past two months,” said Chen. “We have already started delivering previously secured orders.” The CEO stipulated further that JinkoSolar will seek to build its competitiveness in the global PV market via the utilization of its overseas capacity. The Malaysian fab has a solar cell capacity of 500 MW and a PV module capacity of 450 MW. Just last week, the company secured an additional $485 million in financing with Chinas Ping An Bank. This funding was secured to support JinkoSolars domestic expansions, financing projects in the Chinese provinces of Guangdong, Zhejiang and Inner Mongolia.Popular content The Hydrogen Stream: 20 MW green hydrogen plant in Finland, two Australian projects move forward Sergio Matalucci 20 April 2021 pv-magazine.com Storegga, Shell and Harbour Energy want to set up a 20 MW blue hydrogen production facility in the U.K. Australia’s Origin Energy wants to build a hy… Enabling aluminum in batteries Mark Hutchins 27 April 2021 pv-magazine.com Scientists in South Korea and the UK demonstrated a new cathode material for an aluminum-ion battery, which achieved impressive results in both speci… ITRPV: Large formats are here to stay Mark Hutchins 29 April 2021 pv-magazine.com The 2021 edition of the International Technology Roadmap for Photovoltaics (ITRPV) was published today by German engineering association VDMA. The re… Solar park built on rough wooden structures comes online in France Gwénaëlle Deboutte 26 April 2021 pv-magazine.com French company Céléwatt energized its 250 kW ground-mounted array, built with mounting structures made of raw oak wood.April 26, 2021 Gwénaëlle Debo… Spanish developer plans 1 GW solar plant coupled to 80 MW of storage, 100 MW electrolyzer Pilar Sánchez Molina 22 April 2021 pv-magazine.com Soto Solar has submitted the project proposal to the Ecological Transition and the Demographic Challenge (Miteco). The solar plant could start produc… We all trust the PV performance ratio test Dario Brivio, Partner 20 April 2021 pv-magazine.com The performance ratio test is at the core of the handover from EPC to owner. Yet sometimes, even when best practice is applied – and without particul… The Hydrogen Stream: 20 MW green hydrogen plant in Finland, two Australian projects move forward Sergio Matalucci 20 April 2021 pv-magazine.com Storegga, Shell and Harbour Energy want to set up a 20 MW blue hydrogen production facility in the U.K. Australia’s Origin Energy wants to build a hy… Enabling aluminum in batteries Mark Hutchins 27 April 2021 pv-magazine.com Scientists in South Korea and the UK demonstrated a new cathode material for an aluminum-ion battery, which achieved impressive results in both speci… ITRPV: Large formats are here to stay Mark Hutchins 29 April 2021 pv-magazine.com The 2021 edition of the International Technology Roadmap for Photovoltaics (ITRPV) was published today by German engineering association VDMA. The re… Solar park built on rough wooden structures comes online in France Gwénaëlle Deboutte 26 April 2021 pv-magazine.com French company Céléwatt energized its 250 kW ground-mounted array, built with mounting structures made of raw oak wood.April 26, 2021 Gwénaëlle Debo… Spanish developer plans 1 GW solar plant coupled to 80 MW of storage, 100 MW electrolyzer Pilar Sánchez Molina 22 April 2021 pv-magazine.com Soto Solar has submitted the project proposal to the Ecological Transition and the Demographic Challenge (Miteco). The solar plant could start produc… We all trust the PV performance ratio test Dario Brivio, Partner 20 April 2021 pv-magazine.com The performance ratio test is at the core of the handover from EPC to owner. Yet sometimes, even when best practice is applied – and without particul… The Hydrogen Stream: 20 MW green hydrogen plant in Finland, two Australian projects move forward Sergio Matalucci 20 April 2021 pv-magazine.com Storegga, Shell and Harbour Energy want to set up a 20 MW blue hydrogen production facility in the U.K. Australia’s Origin Energy wants to build a hy… 123456Share Ian Clover Ian joined the pv magazine team in 2013 and specializes in power electronics (inverters) and battery storage. Ian also reports on the UK solar market, having worked as a print and web journalist in Britain for various multimedia companies, covering topics ranging from renewable energy and sustainability to real estate, sport and film.More articles from Ian Clover [email protected] Related content ITRPV: Large formats are here to stay Mark Hutchins 29 April 2021 pv-magazine.com The 2021 edition of the International Technology Roadmap for Photovoltaics (ITRPV) was published today by German enginee… The Hydrogen Stream: Offshore hydrogen pipeline and more electrolysis capacity in Germany Sergio Matalucci 27 April 2021 pv-magazine.com Big German conglomerates such as Siemens, RWE and Vattenfall keep pushing for green hydrogen development through different projects. Higher performance with bigger modules a ‘no brainer’ Sandra Enkhardt 26 April 2021 pv-magazine.com Jan Bicker, who replaced Steve O’Neil as the CEO of REC on March 1, says that one of his top priorities is the ongoing d… EU to offer expertise to drive renewables-friendly policy across Africa Cosmas Mwirigi 26 April 2021 pv-magazine.com The oft-heard industry call for more supportive policy for renewables, this time in Africa, has prompted the European Co… The Hydrogen Stream: 20 MW electrolyzer in Spain, hydrogen alliance between Russia and Germany Sergio Matalucci 30 April 2021 pv-magazine.com BP, Iberdrola and Enagás will power a 20 MW electrolyzer with 40 MW of solar in Spain. Automotive manufacturers Hyundai,… New York state launches fifth large-scale renewables solicitation Tim Sylvia 29 April 2021 pv-magazine.com Twenty large-scale renewable energy infrastructure projects are under construction in New York state, paving the way for… iAbout these recommendations Elsewhere on pv magazine… MIBEL alcanzó nuevamente los precios más bajos de Europa mientras subieron en el resto de mercados eléctricos pv magazine 23 March 2021 pv-magazine.es En la tercera semana de marzo los precios de la mayoría de mercados eléctricos europeos subieron, mientras que MIBEL mar… Tasmanian Labor installs solar at the top of its campaign promises Blake Matich 8 April 2021 pv-magazine-australia.com Tasmania (TAS) is going to the polls on May 1, and the opposition Labor Party has put forth a $20 million plan to fund l… India closing in on 7 GW of rooftop solar pv magazine 13 April 2021 pv-magazine-australia.com India’s cumulative installed capacity of rooftop solar stood at 6,792 MW as of December 31, 2020, with 1,352 MW having b… Spotlight on Australian solar Bella Peacock 21 April 2021 pv-magazine-australia.com Calculating the average sunlight hours data from the Bureau of Meteorology from January toDecember 2020, Darwin was cro… Q&A: EEW’s $500 million Gladstone solar to hydrogen project is just the start Blake Matich 18 March 2021 pv-magazine-australia.com pv magazine Australia: Australia is the testing ground for a lot of different aspects of the future green hydrogen market. Cracking the case for solid state batteries pv magazine 29 April 2021 pv-magazine-australia.com Scientists in the UK used the latest imaging techniques to visualize and understand the process of dendrite formation an… iAbout these recommendations Leave a Reply Cancel replyPlease be mindful of our community standards.Your email address will not be published. Required fields are marked *CommentName * Email * Website Save my name, email, and website in this browser for the next time I comment. By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.Further information on data privacy can be found in our Data Protection Policy.iAbout these recommendationsKeep up to date pv magazine Global offers daily updates of the latest photovoltaics news. We also offer comprehensive global coverage of the most important solar markets worldwide. Select one or more editions for targeted, up to date information delivered straight to your inbox.Email* Select Edition(s)*Hold Ctrl or Cmd to select multiple editions.Tap to select multiple editions.Global (English, daily)Germany (German, daily)U.S. (English, daily)Australia (English, daily)China (Chinese, weekly)India (English, daily)Latin America (Spanish, daily)Brazil (Portuguese, weekly)Mexico (Spanish, daily)Spain (Spanish, daily)France (French, daily)We send newsletters with the approximate frequency outlined for each edition above, with occasional additional notifications about events and webinars. We measure how often our emails are opened, and which links our readers click. To provide a secure and reliable service, we send our email with MailChimp, which means we store email addresses and analytical data on their servers. You can opt out of our newsletters at any time by clicking the unsubscribe link in the footer of every mail. For more information please see our Data Protection Policy. Subscribe to our global magazine SubscribeOur events and webinars Out with the old… A guide to successful inverter replacement , pv-magazine.com Discussion participantsRoberto Arana-Gonzalez, Service Sales Manager EMEA, SungrowFranco Marino, Regional Service Mana… Reducing solar project risk for extreme weather 20 April 2021 pv-magazine.com Discussion participantsDaniel H.S. Chang, VP of Business Development | RETCGreg Beardsworth, Sr. Director of Product M… Virtual Roundtables USA 17 November 2020 pv-magazine.com We will be hosting the second edition of our successful Virtual Roundtables this year in November. The program will be f… iAbout these recommendations pv magazine print PV feed in, certified pv magazine 7 April 2021 pv-magazine.com As more renewable energy capacity is built, commissioned, and connected, grid stability concerns are driving rapid regulatory changes. Unchained: political moves shift solar supply David Wagman 7 April 2021 pv-magazine.com PV module supply chains to the U.S. industry are in flux, and not for the first time. Moves to take action alongside sti… 10 GW is just the beginning Blake Matich 7 April 2021 pv-magazine.com Giant PV and wind projects are taking shape in Australia’s north, with the aim of supplying Asia with the clean energy i… Polysilicon from Xinjiang: a balanced view pv magazine 7 April 2021 pv-magazine.com As of March, the United States and Europe were considering sanctions on polysilicon from Xinjiang, China, due to concerns over forced labor. Strong growth ahead for storage pv magazine 7 April 2021 pv-magazine.com Annual battery storage installations will exceed 10 GW/28 GWh in 2021, following a particularly strong year in 2020, des… Australia’s next wave of large-scale solar development pv magazine 7 April 2021 pv-magazine.com Call it “latent energy” – Australia’s renewable resources are expected to help some of the world’s greatest polluters to… iAbout these recommendations
A Military face-off between America and Iran would destabilize the Middle East and have deeper impact in World Economy.A Military face-off between America and Iran would destabilize the Middle East and have deeper impact in World Economy.
America literally assassinated Qassim Soleimani, Iran’s celebrated commander of ‘Quds force’. I have used the term ‘assassination’ because Soleimani wasn’t a terrorist on the run or fugitive criminal hiding somewhere like Osama Bin Laden or Baghdadi. Soleimani is considered as the number two powerful person of a sovereign country Iran. The USA has declared itself the Quds force and Soleimani as a terrorist organisation and terrorist commander. But neither Iran sees Soleimani in that way nor the Rest of the World. The enmity between Iran and the USA has nothing to do with global politics.To the credit of Soleimani, he was one of the key commanders who are responsible for the end of ISIS. When the USA attacked Afghanistan, it was Soleimani who helped America a lot against Taliban forces. Iran also kept Pakistan on notice because of the latter’s terror factories. Yes, because of Iran and USA enmity many casualties of American soldiers can be attributed to him. At the same time, America is guilty of many killings. Thus, it’s a war between America and Iran. You can’t just assassinate a commander through drone attacks.Even though there are voices inside America that such action may have dangerous consequences to the middle east which is already on edge thanks to various American military interventions in many countries like Iraq, Syria and Afghanistan. Then Iran is not a country with which America can do war. Past precedent is there. Not to forget Iran hostage days. Fifty-two American diplomats and citizens were kept hostage in Iran for 444 days (from 4th November 1979 to 20th January 1981). America couldn’t do anything during that time or even after that. America was the ally of erstwhile Iraq when Iraq was at war with Iran from 1980 to 1988. It couldn’t defeat Iran then.Frankly, Iran is a stronger country in the middle east compared to all others. Iran ranked 14th in global fire-power ranking where Pakistan is ranked 15th. Even many of European countries and Australia are ranked below Iran. Thus, if America thinks that it can run down Iran as it did on Iraq or Afghanistan, then I think it lives in a fool’s paradise.It’s obvious that Iran can’t attack America as it’s far away. Technically America is ranked one in Global fire-power list. But does that mean America is superior to Iran? Basic understanding of war says that the attacker must be stronger in multiple times compared to the defender’s strength. If there would be a war between America and Iran, then the battle-field will be the middle east where Iran appears to be stronger. When a terrorist organisation like Al-Qaida, Taliban and even ISIS can stretch the war for months, I don’t think the war between Iran and America will be so easy.But then at what cost? The first sufferer will be the American assets in the middle east and the American allies. Saudi Arabia led Arab countries will face severe damages if there’s a war. Some even think that World War- III can be triggered if there’s a military conflict between Iran and America because Russia is open with Iran.It’s time for a tone down in aggression. America must realise that being superpower doesn’t mean that it can kill any office bearer of a sovereign country. Enmity will be there. But then diplomacy, decency and decorum must prevail. A superpower can’t use terrorist ways of eliminating office bearer of opposite parties.I think it’s time for Saudi Arab and UAE etc to intervene and achieve a compromise. Because they will be the first causality. Don’t expect that Iran will restrain itself after losing its celebrated commander. Donald Trump must realise that his act will bring disrepute and global condemnation (actively or passively). Countries like France and Germany must also intervene to find a way out.War is not always an option especially when the global economy is down. You just can’t expect that countries will tolerate any excesses because one is militarily powerful. Donald Trump must relook his earlier tweets when he apprehended that Barack Obama may start a war with Iran for the Presidential election. His act is exactly what he was blaming President Obama. People are smart enough to calculate two plus two as four. The probable impeachment trial of Donald Trump in Senate, as well as 2020 re-election pressure, mostly motivated Donald Trump to act against Iran. When domestic politics make an impact on global politics, then global players don’t like it. Thus, America will earn more enemies.From the Indian context also a war in the middle east is very damaging. India is a petroleum importing country. Then India’s relations with Iran and other middle east countries have more importance in terms of geopolitical interest as well as other issues. India should take an important and effective role in diffusing the tension as the consequences of a war between America and Iran will have a tremendous economic effect on India.
Would you like to read more?Register for free to finish this article.Sign up now for the following benefits:Four FREE articles of your choice per monthBreaking news, comment and analysis from industry experts as it happensChoose from our portfolio of email newsletters To access this article REGISTER NOWWould you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week.
Ghana has the lowest number of COVID deaths in Africa: PresidentGhana has the lowest number of COVID deaths in Africa: President
South Africa records two more COVID-19 deaths CAMBRIDGE, MA – MARCH 29: President of Ghana Nana Akufo-Addo delivers the Keynote Address for the 2019 10th Annual Africa Development Conference at Harvard University John F. Kennedy School of Government on March 29, 2019 in Cambridge, Massachusetts. (Photo by Paul Marotta/Getty Images) A health worker checks the temperature of a traveller as part of the coronavirus screening procedure at the Kotoka International Airport in Accra, Ghana. (Image Source: Reuters)Ghana’s President Nana Akufo has described the number of deaths in the country from the confirmed COVID19 cases as one of the lowest in Africa and the world.He announced this while delivering a speech in Accra during a virtual Eid ul Fitr prayers led by National Chief Imam, Sheikh Nuhu Sharubutu adding that “This has been so since the very beginning of the outbreak over two months ago.”“The hard fact is that the rate of deaths in Ghana is very low, one per one million, i.e., 0.0001 percent, one of the lowest in Africa and indeed in the world,” he continued to say.Akufo said that “The number of positive cases stands at 6,683, out of 194,763 tests conducted with 1,998 recoveries meaning that our positivity rate is 3.43 percent, which again is one of the lowest in Africa and the world.”“By the grace of God, Ghanaians are not dying of this virus in the numbers that were originally anticipated and feared,” the president stated.According to Akufo, the COVID19 deaths recorded in the country have so far been persons with underlying conditions and diseases.“Furthermore, virtually all the 32 COVID-19 related deaths were of persons with what the doctors call comorbidity, i.e., with other underlining causes and diseases. Most of them died within 24 hours of admission to the hospital. May their souls rest in peace,” the President added.Ghana has recorded 66 new confirmed cases bringing a total of 6,683 confirmed cases with 1,998 recoveries and 32 deaths as of Sunday.Related President Ramaphosa urges closer cooperation between South Africa and Ghana FIFA President Gianni Infantino in Ghana