Asia

Researchers from Tohoku University and University of Tsukuba in Japan have made a breakthrough in developing a non-volatile phase change memory using a nickelate material. Discover the potential advantages of this material with improved performance, sustainability and lower costs.

Tata Power Renewable Energy Limited has been granted USD 425 million by the US International Development Finance Corporation for building a 4.3-GW solar cell and module manufacturing plant in Tamil Nadu. This project will create 2,000 jobs and module production is expected to start in 2020. India's renewable energy goals will be boosted by this facility. Tata Power currently has a 7.8 GW renewable energy portfolio.

Acwa Power Co. is expanding to China and other Asian markets in 2022, focusing on desalinization, power plants and renewable energy. The move is part of the company's global expansion and carbon emission neutralization plans. CEO Marco Piero Arcelli, appointed in 2021, is driving the firm's ambitions to also build partnerships and establish operations in Europe and Saudi Arabia.

GCL Technology Holdings Ltd. is in advanced talks to build its first foreign plant in Saudi Arabia. The plant will produce 120,000 tons of polysilicon a year and could start operations as early as 2025. Lower solar prices have increased demand in China and around the world, making this expansion into new markets possible. GCL is considering opportunities in Mexico and Australia as well.

TotalEnergies SE and Ronesans Holding joint venture will enable TotalEnergies to become one of the leading players in the Turkish renewable energy sector. European Commission approves of this agreement due to its limited impact in EEA.

ACWA Power has closed financing for 200MW Kom Ombo solar project in Egypt, with $123 million of the total $182 million investment coming from international institutions. In January 2024, the plant will provide electricity to 130,000 households and help Egypt meet its 2035 goal of 42% renewable energy.

Research team succeeds in creating world's first transparent thin-film solar cell on flexible substrate with reflective colors, maintaining cell efficiency. Multi-layer thin film reduces the reflection loss in visible light, making solar cells with varied colors & excellent efficiency at a reasonable cost. Can be used in image sensors, photolithography masks, and infrared shielding fields. Research team actively pursues solar modules with esthetic & functional BIPV elements.

This solar park in Rajasthan will generate 10.5 million kWh of energy annually, enough to power the cement manufacturer's operations in the area. Learn more about this clean energy project.

ADB provides loan to India's Fourth Partner Energy to fund 25-MW solar park, increasing innovative renewable energy production to 50.7 GW/yr & reducing CO2 emissions by 41,700 tonnes/yr. India's open access renewable energy policy encourages international financing for decarbonisation.

Toshiba achieves 16.6% efficiency for its polymer film-based perovskite solar module, setting a new record. The one-step coating process enables a faster production process and a lightweight panel ideal for difficult installation locations. By 2025, Toshiba plans to make this technology available for mass production.

Trina Solar has commissioned a 15.5 GW solar manufacturing complex in Vietnam, with 210mm monocrystalline wafers, 6.5 GW wafer capacity & 4-5 GW module capacity. This marks a big step forward in Trina Solar's international manufacturing expansion, ensuring a steady supply of materials worldwide.

Masdar is partnering with Ethiopia to bring 500 MW of solar power capacity to the country, part of the UAE's Etihad 7 program, in an effort to improve access to clean energy in Africa. Masdar is also investing in renewable energy projects in Angola, Uganda, and Zambia.

GCL SI secures 1.1GW of N-type high-efficiency solar modules for SAEL Industries Limited in India, one of the biggest PV module procurements in recent years. GCL SI's new N-type cell factory in China provides additional capacity to meet SAEL's ambitious 2GW annual installation goal.

Global new investment in renewable energy skyrocketed to $358 billion in the first six months of 2023, a 22% rise compared to the start of last year and an all-time high for any six-month period. This is based on the latest investment data from BloombergNEF’s 2H 2023 Renewable Energy Investment Tracker report, published on August 21, 2023.

Growatt unveils new MID 33-50KTL3-X2 inverter, designed to offer optimal energy conversion with efficiency of 98.8%, featuring 3/4 Maximum Power Point Trackers (MPPTs), 6/8 strings per inverter, and more. Reducing size and weight by 60%, the MID X2 series boosts DC/AC ratio and lower Levelized Cost of Energy (LCOE).