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UGE International Ltd V.UGE

Alternate Symbol(s):  UGEIF

UGE International Ltd. develops, owns, and operates community and commercial solar generation and storage projects. The Company operates through three segments: EPC, Engineering services, and Energy generation. The EPC segment is engaged in building solar energy projects for third parties. It provides engineering and consulting services through the Engineering services segment. The Energy generation segment is engaged in the sale of electricity generated, and the sale of renewable energy credits. The Company's distributed energy solutions deliver cleaner energy to businesses and consumers. The Company has installed approximately 750 projects. The Company's solar projects include the Bertoline, Zerega Avenue, Abingdon, Staten Island Community, Sharp New Jersey Headquarters, Brinks Warehouse, Smithville, Bertoline, and Norway, among others.


TSXV:UGE - Post by User

Post by Possibleidiot01on Apr 05, 2024 10:46am
93 Views
Post# 35972676

improving economics of solar ?

improving economics of solar ?This story is from the Morning Brew .

Stat:
In what amounts to the green-tech version of that “It’s enough slices!” meme, China is producing so many cheap solar panels that people in Germany and the Netherlands are using them as fencing, the Financial Times reported. Due to a Chinese manufacturing boom, the global solar panel supply is on track to hit 1,100 gigawatts this year, three times the current forecast. That’s driving the price of panels way down: As of March, they cost 11 cents per watt, half of what they were at that time last year. Now you can keep your neighbors out and save on your electricity bill at the same time.

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