David Luke Schoolwear, one of the UK’s biggest school uniform providers, has installed more than 1,000 solar panels on the rooftop of its headquarters in Manchester, in a move designed to slash energy bill costs and curb its environmental footprint. The completion of the project was announced this week by HSBC, which provided the family-run business with a “six-figure” loan to finance the clean energy project.
Business Green 12th Feb 2021 read more »
As more households and industries have opted to harness the sun’s energy, a small but definite shadow is nagging at the many manufacturers who have put their faith in solar power’s future. Prices have fallen dramatically: according to the International Energy Agency, the cost of producing electricity from solar energy dropped 80% over the past decade. But a mix of international economic rivalries and human rights issues could hamper the onward expansion of solar around the world. Up till 15 years ago companies in Europe and Japan dominated the solar manufacturing industry. That has all changed: as with so many manufactured products, China now accounts for the bulk of solar equipment produced globally, with about a 70% share. China itself is also by far the world’s biggest market for solar: about half of all solar power installed round the globe is in China. China-based companies have invested heavily in sophisticated manufacturing facilities and in research and development. The country’s dominance of the solar manufacturing sector has caused concern in some countries.
Climate News Network 12th Feb 2021 read more »