Asia
Sembcorp to Buy 245MW of Vietnamese Renewables
Sembcorp Industries Ltd to acquire 245 MW of renewables capacity, including wind, solar and hydropower, for SGD-218-million. Deals to be completed in 2024 and will help Sembcorp reach its goal of 25 GW of gross installed renewables capacity by 2028.
Nov 13, 2023 // Markets & Finance News, Asia, Vietnam, sembcorp
Saudi Arabia Seeks 3.7GW of Solar Projects
Saudi Arabia is inviting developers to take part in its ambitious NREP 5 round, which aims to add 7.2 GW of solar capacity across 4 regions. The largest project, Al Sadawi, offers 2 GW capacity in the Eastern Province. Don't miss your chance to join this initiative and help shape the renewable energy future of the country.
Nov 13, 2023 // Plants, Large-Scale, Commercial, Saudi Arabia, Asia, PV Power Plant
THDC Powers Up Karnataka: 3270 MW of Clean Energy Projects
THDC India Ltd (THDCIL) is set to revolutionize Karnataka's renewable energy landscape with 3,270 MW of projects, including ground-mounted, floating solar, hybrid, and pumped storage. Collaborate with KPC & KREDL to make Karnataka a renewable energy investment hub!
Nov 13, 2023 // Plants, Large-Scale, Commercial, India, Asia, PV Power Plant, THDC
Canadian Solar's 5GW Wafer Plant: Thailand-bound
Canadian Solar is investing in the US and Southeast Asia, with a new 5 GW solar wafer production unit in Thailand set to be operational by March 2021. Wafers to be used in the Indiana cell plant by 2025. US investment also includes a module assembly plant in Texas and a 1 GWh DC project in Arizona.
Nov 10, 2023 // Manufacturing News, Markets & Finance News, Canadian Solar, Thailand, Asia, Wafer Plant
India Reaches 60GW Solar Manufacturing Milestone
India's solar industry is making history, with 60 GW of module manufacturing capacity available in FY 20-21 - a 50x increase! Reaching the government's 500 GW renewable energy target by 2030 is within reach, thanks to high-quality Indian-made solar modules in North America and Europe. The PLI scheme adds 40 GW capacity by FY 24-25, making India a leading global supplier.
Nov 9, 2023 // Manufacturing News, India, Asia, All India Solar Manufacturers Association, AISMA
Waaree Secures 70 MW EPC, 135 MW Solar Deals in India
Waaree Energies Ltd receives Letter of Award to deploy 70 MW DC of solar PV capacity; Worth INR 1.83 billion. 135 MW of solar PV modules to be supplied to NTPC Ltd for installation in four months; Waaree also responsible for O&M for five years.
Nov 9, 2023 // Markets & Finance News, India, Asia, waaree
Jokowi Inaugurates $108M Floating Solar Plant
Experience the future of renewable energy as President Jokowi inaugurates a groundbreaking $108 million floating solar power plant in Indonesia. Join PLN Nusantara and Masdar as they collaborate to reach 1,000 MWp and help Indonesia reach a 23% renewable energy target by 2025.
Nov 9, 2023 // Plants, Large-Scale, Commercial, Floating PV, Asia, Indonesia, PV Power Plant
China Widens Solar Gap: WoodMac
China to remain the global leader in solar supply chain for the next 4 years, controlling 80% of global capacity. USD 130B invested, cost, tech & policy advantages. Capacity sufficient to cover global demand until 2032. US & India to add 200 GW, but Chinese imports remain.
Nov 8, 2023 // Manufacturing News, Markets & Finance News, China, Asia
Trina Solar Invests $420M in Vietnam PV
Trina Solar Co Ltd is investing an additional $420 million to expand its production capacity in Vietnam. Discover how the US tariffs this summer affected the company's plans and learn more about the new investment.
Nov 7, 2023 // Markets & Finance News, Asia, Trina Solar, Vietnam
Malaysia's Pekat Group Powers Up 5 Offtake Contracts
PSTSB is helping Malaysia transition to renewable energy sources with 5 corporate customers now signed on! Learn more about this project and the steps being taken to reduce carbon footprints.
Nov 7, 2023 // Markets & Finance News, Malaysia, Asia, Pekat Group
Sri Lanka Launches 200MW Solar Tender
Develop two 100 MW floating solar plants at the Samanalawewa Reservoir with the Ceylon Electricity Board (CEB). Submit proposals by Dec 13, 2023. Boost Sri Lanka's solar energy market and join the 714 MW installed capacity.
Nov 7, 2023 // Markets & Finance News, tender, Asia, Sri Lanka
Voltalia Paves Way for Uzbek Renewables
Voltalia SA is powering up Uzbekistan's renewable energy future with new projects and agreements. Join the green energy revolution and see what this partnership means for the region's future.
Nov 6, 2023 // Plants, Large-Scale, Commercial, Voltalia, Asia, Uzbekistan, PV Power Plant
Climate Tech Funding Hits $16.6B in Record Q3
Climate tech investments jumped 224% in Sweden and surged to $16.6 billion worldwide in Q3 2023. China led the way with $4.5 billion, followed by low-carbon energy and transport. 34 new venture capital and private equity funds are expected to inject $8.2 billion.
Nov 3, 2023 // Markets & Finance News, Sweden, China, Europe, Asia
Iraq's Solar Sunrise: Inching Toward Renewable Hope
Iraq is tapping into solar power to resolve chronic electricity shortages and access clean energy. With over 70 buildings solarized since 2020, Iraq is leading the way in renewable energy and offering $750 million in zero-interest loans to further its cause.
Nov 2, 2023 // Markets & Finance News, Asia, Iraq
Engie Orders 200 MW Waaree Solar for Gujarat
Engie India and Waaree Energies partner to build 200 MW PV project in Gujarat village. Waaree to supply AHNAY 545-Wp bifacial modules for 25 year power supply to GUVNL. Waaree, the largest solar module maker in India, to start delivery in November & launch IPO of up to USD-350 million.
Oct 31, 2023 // Manufacturing News, Markets & Finance News, India, Engie, Asia, solar module
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