Asia

Colombian power as well as gas company Grupo Energia Bogota (GEB) revealed today that it will certainly construct a hybrid facility south of Bogota, including a 1-MW solar farm and a 3.5-MW natural gas plant.

A subsidiary of India's Tata Power Co Ltd (BOM:500400) has gotten a letter of award from Solar Energy Corporation of India (SECI) to build a 600-MW wind-and-solar plant in the state of Karnataka.

IFC is functioning as a lead deal advisor to the federal government for a tender for 3 project sites

Trina Solar will develop a 71MW floating PV (FPV) project in the Malaysian state of Sarawak after winning a tender held by the state's utility, Sarawak Energy.

Nation is currently most appealing market for renewables: minister Present rise in coal imports ought to not proceed indefinitely

Mumbai-based solar funding platform, Aerem has elevated $2.5 Million in financing in a pre-series round from New Delhi-based capital firm, Blume Ventures. Aerem said it is making every effort to get to 20 million industrial MSMEs. The firm estimated that the marketplace capacity for MSME alone is over $200 billion.

Indian solar importers will no longer be permitted to postpone payment of the nation's standard customs task (BCD) following a new order from tax obligation authorities.

A subsidiary of polysilicon manufacturer Daqo New Energy is anticipating net profit throughout the first half of 2022 to be greater than four times greater than the same period last year.

Mitsubishi Corporation has actually finished the purchase of continuing to be shares of renewables trading firm ElectroRoute.

A safe change to net zero exhausts around the world will require countries to expand and also broaden the production of solar modules, whose supply chains are heavily concentrated in China, according to new research from the International Energy Agency (IEA).

Indian energy titan Tata Power has authorized a Memorandum of Understanding (MoU) with the Indian state government of Tamil Nadu to invest roughly INR3,000 crores (US$ 380 million) in setting up a 4GW cell and 4GW module manufacturing facility in the state.

South Korea is intending to change its renewables targets as part of a host of energy policies from the country's new government, which intends to enhance the role of nuclear power.

Module producer Vikram Solar has selected Ivan Saha as its new president (CHIEF EXECUTIVE OFFICER) to lead the company's strategic growth plans.

Total Eren has actually appointed a 131MWp solar project in Uzbekistan, the independent power manufacturer's very first to specifically use bifacial modules.

The World Bank has approved US$ 165 million in additional financing to support 450MW of roof solar release in India and also make dispersed generation systems in the nation a lot more economical.