Asia

First Solar, a US-based producer of solar panels, has introduced strategies to invest approximately $1.2 billion in increasing the production of photovoltaic (PV) solar modules that are made in America and also are properly produced.

Sri Lanka's Ceylon Electricity Board (CEB) has released an affordable tender for the construction of ground-mounted and floating solar plants with an incorporated capacity of 30 MW.

The leading international module firms have actually launched their acting reports of the year that show their performance against the backdrop of a PV market pestered by supply chain challenges, rising product and component expenses as well as fraught worldwide connections.

Tongwei Solar, EGing PV and LONGi have been shortlisted as candidates for the 5th module purchase round of Hong Kong energy business China Resources Power.

The Ceylon Electricity Board (CEB) is looking for contractors for the development as well as building of a 100-MW solar park project in Sri Lanka's Uva province.

Bidding process took place last week in a reverse auction to contract for 500MW/1,000 MWh of standalone battery energy storage space capacity with the Solar Energy Corporation of India (SECI).

Solar cells are swiftly turning into one of the major ways to create clean electrical energy in lots of nations in the world. Over the past few years, a tremendous amount of initiative has been committed to making solar energy extra prominent. However, the technology currently faces several difficulties that limit widespread application.

Africa-focused independent power manufacturer (IPP) Globeleq on Monday unveiled a project that envisages the creation of a 3.6-GW green hydrogen production hub powered by 9 GW of wind as well as solar capacity within the Suez Canal Economic Zone in Egypt.

The intense scarcity of solar equipment components in Egypt is placing the realisation of solar projects across the nation at risk, the Solar Energy Development Association (SEDA) stated on Sunday.

Solar module prices for global markets are anticipated to fall in tandem with anticipated polysilicon price decreases as of 2023, according to research from Clean Energy Associates (CEA).

Solar Module Super League (SMSL) participant LONGi Green Energy shipped 39.62 GW of monocrystalline silicon wafers, of which 20.15 GW was sold on the surface and also 19.47 GW for interior usage, according to its monetary results for the initial fifty percent of the year.

Indian renewable energy power manufacturer O2 Power has obtained a 55-MW portfolio of solar parks from residential panel maker Emmvee Photovoltaic Power, the buyer said previously this week.

Singapore's Vena Energy as well as the green energy arm of Philippine power generator Meralco PowerGen Corp (MGEN) have formally released the construction of a 68-MW solar park in the Philippines' Ilocos Norte province.

Sungrow, the worldwide leading inverter and power storage space solution vendor, has actually revealed that it has actually supplied its featured inverter solutions to a 120 MW BIPV (Building Integrated Photovoltaic) plant in Gaoan, Central China's Jiangxi Province. The project is the globe's largest BIPV project to date and also was appointed for the initial stage in June 2022.

Norwegian investment fund Norfund and Norwegian pension firm KLP have actually accepted take a 49% stake in a 420MW solar PV plant in India established by Enel.