Asia

Antaisolar Powers Uzbekistan's Solar Ambitions
Antaisolar secures a 470MWp solar tracking systems deal in Uzbekistan, delivering its TAI-Simple single-axis 1P tracking system with 18.5%-24% power output increase. This is the largest solar tracker award in Central Asia, with 25.4GW of cumulative solar racking shipments. Uzbekistan is aiming to reach 25% renewables by 2026.
Aug 15, 2023 // Markets & Finance News, Asia, Uzbekistan, antaisolar, tracking system
Servotech Powers Up: Investing $36.2M in EV Charger Factory
Servotech Power Systems announces $36.2m investment to set up EV charger factory in Uttar Pradesh, India, generating up to 500 jobs and 10,000 EV DC Fast chargers per year.
Aug 14, 2023 // Markets & Finance News, Storage, India, Asia, Servotech Power Systems
SJVN Grabs 90 MW Floating Solar in Madhya Pradesh
SGEL has won the 90 MW floating solar project in Madhya Pradesh with an INR 3.79 ($0.046)/kWh tariff. The project is expected to generate 4,781 MUs over 25 years and will be commissioned within 21 months of signing the PPA. SJVN is the second firm to win the project.
Aug 11, 2023 // Plants, Floating PV, India, Asia, PV Power Plant, SGEL
Vena Energy Forges Indonesian Storage Deal
Vena Energy and Rept Battero partner to provide Indonesia with sustainable, efficient and stable clean energy, creating jobs, reducing carbon emissions, and expanding the renewable energy sector. 8GWh hybrid megaproject in the Riau Islands part of larger green energy transformation journey.
Aug 10, 2023 // Storage, Asia, Indonesia, Vena Energy, Rept Battero
NTPC Floats to Record Low: Wins 80MW Project at INR 3.80/kWh
NTPC Renewable Energy Limited wins 80 MW floating solar project in Madhya Pradesh with low cost of INR 3.80 kWh. MP government to bear cost of battery energy storage system of INR 30 million for sustainable, clean and affordable energy supply.
Aug 9, 2023 // Floating PV, India, NTPC, Asia, PV Power Plant
ACEN Extends Debt for 134-MWp Solar Park in Cagayan
ACEN has increased funding for the 133.5-MWp Cagayan North Solar Power project in the Philippines, part of a larger scheme planned to be operational in 2024. The new loan agreement will help build up the country's solar energy capacity and provide clean and renewable energy for the Philippines.
Aug 9, 2023 // Plants, Large-Scale, Commercial, Markets & Finance News, Asia, Philippines, PV Power Plant, ACEN
QIA Invests in India's Adani Green Energy
QIA acquires 2.5% stake in Adani Green Energy Ltd. for INR 39 billion, through its subsidiary INQ Holding LLC. Adani Green has 8.1 GW of capacity in its operational fleet with a goal to reach 45 GW by 2022.
Aug 8, 2023 // Markets & Finance News, India, Asia, Adani Green Energy, QIA
Pattern Energy Exits Japan: 6GW Clean Energy Assets Sold
Pattern Energy Group LP announces sale of its Japanese renewable energy assets and majority stake in Tokyo-based GPI to Japanese utility Jera Co Inc and NTT Anode Energy Corp. Portfolio includes 4 GW of wind projects and 6 GW of assets across North America. CEO Hunter Armistead focuses on growing pipeline in US.
Aug 7, 2023 // Markets & Finance News, Japan, Asia, pattern energy
GCL SI Launches 10GW N-Cell Factory
GCL System Integration Technology Co Ltd has launched its 10-GW N-type solar cells factory in Wuhu City, China. USD 1.12 billion project with cell production capacity of over 22% efficiency, to be completed soon, complies with GCL Group's full PV industrial chain.
Aug 7, 2023 // Manufacturing News, China, Asia, GCL SI
2023 Solar to Surge to Record 270 GW
Solar installations to reach historic high in 2023 with 270 GW of new capacity. China to remain leader in panel manufacturing while US sees boom in utility & residential solar. UK to lead in residential solar, Romania in distributed projects. Solar LCOE falling; 330 GW capacity by 2032.
Aug 4, 2023 // Markets & Finance News, Market Research, USA, China, Europe, Asia, North America
Vena Powers Japan's 51-MW Solar Park
Vena Energy and Kyudenko Corporation have successfully completed the Nanao Solar photovoltaic plant in Ishikawa Prefecture, Japan; a 51-MW solar park with 118,848 solar panels capable of powering 10,443 homes. This is Vena Energy's first renewable energy project in the region, part of their 43 GW solar park assets across the Asia-Pacific.
Aug 3, 2023 // Plants, Japan, Asia, PV Power Plant, Vena Energy, Kyudenko Corporation
Passivating SnO2/Perovskite Interface: FA+/Oxalate Dual Action
New research strategy to modify Tin dioxide (SnO2)/perovskite interface by passivating buried defects and modulating carrier dynamics achieves record-breaking power conversion efficiency of 25.05%. Improved energy level alignment and superior interface contacts offer enhanced stability.
Aug 3, 2023 // Technology, China, Asia, Korea, perovskite
Renova-Idemitsu JV Breaks Ground on 15-MW Battery
Renova Inc and partners break ground on 15-MW/48-MWh lithium-ion battery system in Japan. With a 22% stake, Renova is the first to enter the grid storage battery market and will receive a subsidy from the Ministry of Economy, Trade and Industry. Operations to begin October 2025.
Aug 2, 2023 // Storage, Japan, Asia, Renova Inc
Israel, Saudi Forge Solar Alliance in Rare Pact
SolarEdge Technologies and Ajlan & Bros join forces to develop renewable energy in Riyadh for Saudi Arabia's Vision 2030 plan, a US-backed effort to diversify the economy from oil and attract investments. This groundbreaking collaboration may be the start of improved relations between Israel and Saudi Arabia.
Aug 1, 2023 // Technology, Saudi Arabia, Asia, SolarEdge, Israel
Masdar Expands to Malaysia with 2GW Clean Energy Push
Masdar and Citaglobal Bhd collaborate to potentially develop 2 GW of clean energy in the Malaysian state of Pahang. This agreement is part of a larger move by the UAE government to reach net-zero emissions by 2050 and bring new energy solutions to the region.
Jul 31, 2023 // Storage, Masdar, Malaysia, Asia