Asia

South Korean developer SK D&D has actually signed a co-investment memorandum of understanding (MOU) with renewable resource mutual fund manager Glennmont Partners to target opportunities in solar PV projects in South Korea.

India's biggest power producer, State-owned National Thermal Power Corporation (NTPC) has disclosed starting commercial operations on a Kayamkulam Floating Solar PV Project at Kayamkulam, Kerala. It is presently implementing the last part capacity of 35 MW out of the 92 MW project. This makes it India's largest floating solar power plant.

Polysilicon prices have actually continued to climb up in China in the middle of limited supply as suppliers are hit by power rationing.

The globe's overall solar capacity will certainly get to 2,044 GW by 2031, with China continuing to blaze a trail in deployment, composing almost fifty percent (47%) of the world's 1,190 GW net solar capacity additions via to 2031, according to study company Fitch Solutions.

Project consists of adding 30MW of solar capacity to an operational 32MW wind farm

Investor indications MoU with renewables programmer SK D&D to 'accelerate capital implementation' in PV projects

Equity returns on hybrid solar and wind projects in India could see a 17% rise in the interior price of return (IRR) by applying a few actions, according to a report from the Institute for Energy Economics and Financial Analysis (IEEFA).

Trina Solar has actually started building on a vast new industrial park in the central Chinese province of Qinghai that will cover practically the whole PV manufacturing chain from polysilicon manufacturing completely to modules.

Saudi Arabia awarded contracts for the development of more than 1.7 GW of solar energy projects until now. The report likewise said that Saudi Arabia furthermore has green hydrogen as a key component of its long-lasting energy sector strategy. The country desires create 2.9 million tonnes of green hydrogen each year by 2030.

Disappointing the energy shortened by Russia complying with the European assistance to Ukraine, Germany's Economy Minister Robert Habeck advised on June 19 that the war in Ukraine will certainly trigger a power shortage by the wintertime.

State-owned utility Gujarat Urja Vikas Nigam Limited (GUVNL) has opened up a 500MW tender for renewable energy coupled with energy storage space systems (ESS) to bring electrical energy to remote, off-grid villages in Gujarat, India.

Tongwei has actually announced that its subsidiaries have authorized a RMB50.9 billion (US$ 7.58 billion) silicon material sales contract for 216,100 tons with Qinghai Gaojing Solar Energy Technology Co., Ltd

ThomasLloyd Energy Impact Trust Plc (LON: TLEI) today stated it has actually consented to acquire the remaining 57% passion in Indian renewable energy platform SolarArise India Projects Pvt Ltd for USD 38.5 million (EUR 36.6 m).

Asia's largest railway in Beijing is going to be operational today (June 20, 2022). JA Solar, a leading solar supplier in China, offered DeepBlue 3.0 modules for this Beijing Fengtai Railway Station.

French administration firm Mirova has actually fully acquired solar finance company SunFunder in a push to broaden its investment platform in emerging markets.