Asia

The heavily indebted solar project developer has revealed the state-backed element of two trailed fire sales of 636 MW of solar and wind project portfolios in China. The divestments will generate up to RMB450 million for the company while recognizing RMB200 million in losses on its investments.

There is movement in the heterojunction space, but will it be enough to surpass PERC’s momentum? New production lines show promise, but they might also be the last roll of the dice for Swiss production equipment supplier Meyer Burger.

In a bid to reduce its carbon footprint the oil giant is ramping up its renewable energy production at a refinery in the Philippines. The news was announced by the company in a week which saw it named seventh worst corporate contributor to the climate crisis since awareness of emissions-related damage first emerged.

The PV project developer and BIPV manufacturer has seen a glowing set of first-half figures published last year become a nightmare of lost income, debt defaults and frozen bank deposits. All eyes now turn to the business’ high court date on Wednesday.

The German Energy Agency has drawn up a list of proposed measures which it says could help the world’s biggest solar market accelerate its clean energy plans through the adoption of subsidy-free – private – power purchase agreements.

India has released new draft guidelines for the bidding process under its Wind-Solar Hybrid Policy, which includes e-reverse auctions and allows for the addition of energy storage capacity.

LONGi Green Energy Technology Co, the largest monocrystalline wafer producer, has approved future PV module and solar cell manufacturing plans of 10GW and 5GW, respectively.

The European Bank of Reconstruction and Development (EBRD) is considering investing US $60 million in renewables developer Infinity Energy, a subsidiary of Egyptian conglomerate Mansour Group.

Shanghai-headquartered ReneSola has inked the latest of a series of solar divestments in recent weeks, offloading a portfolio of distributed generation in Hungary.

REC Group has officially started volume production of heterojunction solar cells and modules at its manufacturing complex in Singapore that will provide 600MW of annual capacity, when fully ramped.

Australian renewables investor Lyon Group has penned an agreement with China Huadian Corporation which will see the duo co-develop and invest in power-plus-battery energy storage systems across Australia, China and other Asian markets.

‘Solar Module Super League’ (SMSL) member, JA Solar has licensed a number of patents from Shin-Etsu Chemical on doping Ga in silicon crystals and using the Ga-doped p-type crystalline silicon wafers for making solar cells to mitigate the impact of Light Induced Degradation (LID).

The Dubai Electricity & Water Authority (DEWA) has allegedly attracted the second lowest global solar bid for a 900MW tranche of the 5GW Mohammed Rashid Al-Maktoum (MBR) solar park in Dubai.

Chinese solar panel maker Risen Energy has signed off on an order to provide 150MW of high-efficiency PV modules to a power station in Malaysia. This stands as the biggest module order Risen Energy has ever carried out to date both in Malaysia and from an overseas floating power station.

The Chinese company has announced it has acquired intellectual property rights pertaining to various applications of gallium-doped silicon wafers in solar cell applications from Japanese company Shin-Etsu Chemical.