Asia

The four-year-old Hangzhou-based business says it already has a 20 MW perovskite module pilot line and is working on a mass production facility in the city of Quzhou.

D. E. Shaw Renewable Investments (DESRI) announced it has acquired First Solar’s Cove Mountain and Cove Mountain 2 projects in Iron County, Utah. The acquisition of the two projects, the sales of which were previously disclosed by First Solar and which total 180 MWAC in capacity, nearly doubles DESRI’s portfolio of First Solar-developed projects to over 360 MWAC.

The Italian fossil fuel company is not hanging around when it comes to diversifying into PV, with almost 1.5 GW of generation capacity plugged in since the start of last year.

The Chinese manufacturer has officially unveiled its high-efficiency product in Melbourne after celebrating a 13.6 MW panel order from the nascent Hungarian PV market.

The Swiss equipment maker has announced a fresh, CHF18 million order from Oxford PV but the news may have been strategically timed ahead of today’s update that it has completed the sale of its headquarters building.

French floating solar specialist Ciel & Terre has completed its first FPV plant in India through its local subsidiary.

1MW plant fired up at Gazprom Neft oil refinery in Russia. Photon Energy turns on eight PV plants totalling 5.6MWp in Hungary. Jinko delivers 13.6MW of modules to Photon Energy plants in Hungary.

With land procurement continuing to hold back India’s PV sector, the government is considering up to 55GW of solar and wind projects along the border with Pakistan where there is an abundance of barren lands.

KORE Power today announced its intentions to build a lithium-ion battery manufacturing plant in the United States to support global growth efforts for its Mark 1 Energy Storage System.

The Chinese solar manufacturing giant will supply its latest modules to Singapore-based PV developer Hexagon Peak for a utility scale pipeline in Vietnam.

Analyst WoodMac has spelled out the urgent need to decarbonize the global hydrogen production industry. While the fuel can offer a sustainable grid balancing act for intermittent renewables, in its current fossil-fuel driven form it is pumping out more than 800 tons of carbon into the atmosphere every year.

The central Asian nation and the International Finance Corporation have signed a mandate to develop up to 900 MW of solar capacity through public-private partnerships.

An AFP newswire report this week said Ministry of New & Renewable Energy secretary Anand Kumar had announced plans for 30 GW of generation capacity in the state of Gujarat and 25 GW in Rajasthan, all of it along a 20-25km strip of semi arid land on the border.

Renewables may be making encouraging advances in the south Asian nation but the natural gas infrastructure deal announced today by the Saudi power company at a stroke eclipses the 375 MW of solar capacity in Bangladesh and its 609 MW development pipeline.

With power production up 133% year-on-year, revenues and EBITDA also rose significantly.