Asia

Nexif Ratch JV achieves fin close on 74-MWp Philippine solar project: Joint venture of Nexif Energy and Ratch Group secures debt financing for construction of Calabanga solar plant, to be completed by Q2 2024. 70% of project cost to be funded through limited recourse.

China is constructing the world's largest photovoltaic facility, estimated to cost 45.2 billion yuan ($6.32 billion). The projected facility will be located in Shaanxi Province, and will feature an annual production of 100 GW monocrystalline silicon wafers and 50 GW monocrystalline cells.

ACWA Power and China Energy International Group sign EPC contract for Uzbekistan's solar PV project, promising to bring clean energy to the region and support Uzbekistan's commitment to a low-carbon economy.

Coro Energy has signed a USD-1.3-million agreement to acquire a 2.39 MW rooftop solar portfolio in Vietnam, with an 18-year power purchase agreement and a payment plan including cash, new shares, and existing specialist debt. Completion expected in Q4 2023.

Vena Energy has obtained JPY-16.9-billion financing for its 53-MW Kasama solar project in Ibaraki, Japan. The project will provide clean energy to over 14,000 households annually, as part of the company's 2.7 GW operational portfolio.

Researchers have developed an all-perovskite tandem solar cell with a power conversion efficiency of 28.5%, open-circuit voltage of 2.112 V, and stabilized efficiency of 28.0%. Teams from Nanjing University, University of Science and Technology of China and Chinese Academy of Sciences (CAS) were involved.

Sungrow Power Supply Co Ltd (SHE:300274) has authorized offers to supply utility-scale micro-grid battery energy storage systems (BESS) with a total capacity of 14 MW/24.9 MWh in Lebanon.

French energy significant TotalEnergies SE (EPA: TTE) is set to start service a project for the construction of a 1-GW solar park in southerly Iraq after getting the green light from the city government recently.

The joint venture (JV) of French energy group TotalEnergies SE (EPA: TTE) as well as Japan's ENEOS Holdings Inc (TYO:5020) will acquire a 3.4-MWp rooftop solar portfolio in Vietnam from Sao Mai Solar Company, with plans to develop much more.

Israeli renewables designer Enlight Renewable Energy Ltd (TLV: ENLT, NASDAQ: ENLT) has inked an agreement to supply power to a new office campus people software company Amdocs (NASDAQ: DOX).

Tata Power Renewable Energy Limited (TPREL) revealed on Monday the commissioning of a 110-MW solar energy plant in Bikaner in the Indian state of Rajasthan.

The federal government of Azerbaijan last week participated in a memorandum of understanding (MoU) with an abroad financial investment arm of civil design business China Gezhouba Group for the implementation of 2 GW of renewable energy projects.

Japanese wind projects programmer Eurus Energy Holdings Corp introduced on Thursday it has actually commenced work on the installment of a 1-MW/3-MWh pilot battery energy storage space system at the 7.65-MW Eurus Tashirotai Wind Farm.

Canadian Solar Inc (NASDAQ: CSIQ) revealed on Wednesday it has settled the sale of the 100-MWp Azuma Kofuji solar park in Japan's northeastern prefecture of Fukushima to regional investors arranged by Mizuho Securities Co Ltd

Japanese eco-friendly power manufacturer Renova Inc (TYO:9519) revealed today it has actually commenced procedure of a 20.8-MW solar power plant in Hitoyoshi City, Kumamoto Prefecture.