Asia

Norfund, KLP purchase 420MW solar project in India

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.

Aug 25, 2022 // Markets & Finance News, India, Asia, Solar Project, norfund, KLP

China calls on its PV industry to deepen industrial management, develop 'strategic alliances'

The Chinese government has actually released a notification to its PV industry that asks for the optimization of the market as well as further buildout of its framework while warning versus hoarding products as well as the establishment of solar monopolies.

Aug 25, 2022 // Manufacturing News, China, polysilicon, Asia, hoarding, ministry of industry

Singapore's Vena Energy locks debt for 17-MW solar project in Japan

Singapore-based independent power manufacturer (IPP) Vena Energy has gotten JPY 5.4 billion (USD 39.3 m/EUR 39.7 m) in debt to back the building and construction of a 17-MW solar park in Japan's Fukushima prefecture.

Aug 24, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Japan, Asia, Singapore, Vena Energy, Solar Project

Japan's Eneos to build 8.5-MW solar plant at refinery

Japanese oil business Eneos Corp, a unit of Eneos Holdings Inc (TYO:5020), is readied to start to building and construction of an 8.5-MW photovoltaic or pv (PV) plant in Wakayama prefecture.

Aug 24, 2022 // Plants, Large-Scale, Commercial, Japan, Asia, PV Power Plant, Eneos

JinkoSolar required to cut output at Sichuan centers complying with power rationing

Chinese Solar Module Super League (SMSL) member JinkoSolar has actually been required to reduce its manufacturing output at its Sichuan manufacturing facilities due to recurring power rationing in the Chinese area.

Aug 24, 2022 // Manufacturing News, China, JinkoSolar, Asia, utilisation rates, factory, capacity utilisation, factories, power rationing, sichuan province

ReNew Energy safeguards $1bn for India hybrid project

Rabobank-led consortium's debt package will be used to fund 1.3 GW of battery-enabled wind and solar

Aug 22, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, India, Asia, rabobank, onshore wind, RENEW GLOBAL ENERGY

Israeli business prepare green energy push in seven Arab countries

Israeli business Enlight Renewable Energy (TLV: ENLT) and NewMed Energy (TLV: NWMD), previously referred to as Delek Drilling, have signed up with hands to implement renewable resource projects in several countries between East as well as North Africa.

Aug 19, 2022 // Markets & Finance News, Asia, Israel

Bahrain looks for designer of 72-MW solar project

The Kingdom of Bahrain, via its Ministry of Electricity and Water Affairs, has introduced a competitive bidding procedure to choose a business or a consortium to install a minimum of 72 MW of solar power generating capacity across multiple premises in Sakhir.

Aug 19, 2022 // Plants, Large-Scale, Commercial, Asia, PV Power Plant, Bahrain, Solar Project

Nickel Industries indications term sheet for 200-MWp solar project in Indonesia

Australian company Nickel Industries Ltd (ASX: NIC) has actually signed a binding term sheet for the installment of a 200-MWp solar project with a 20-MWh battery to power the operations of the business in Indonesia.

Aug 18, 2022 // Plants, Large-Scale, Commercial, Asia, Indonesia, Solar Project, Nickel Industries

Vikram Solar gets nod for USD-188m IPO in India

Indian photovoltaic or pv (PV) module maker Vikram Solar Ltd has actually received regulative clearance to go public via an approximately INR-15-billion (USD 188.3 m/EUR 185.4 m) initial public offering (IPO) in the house.

Aug 18, 2022 // Markets & Finance News, India, Asia, Vikram Solar

Construction starts on very first large-scale solar plant in Laos

Project developer Solar Attapeu Power Sole Company (SAPC) has actually broken ground on the very first large-scale solar farm in Laos with a capacity of 50MW.

Aug 18, 2022 // Plants, Large-Scale, Commercial, UTILITY-SCALE SOLAR, Asia, transmission line, laos, SAPC

Meralco welcomes alternatives to 200-MW supply bid from Solar Philippines

Philippine electrical power representative Manila Electric Company (PSE: MER), better referred to as Meralco, said today it has launched an affordable selection process for third-party bids challenging an existing 24/7 power supply proposal from a Solar Philippines unit.

Aug 17, 2022 // Plants, Commercial, Markets & Finance News, Asia, Philippines, Meralco

GAC Bahrain Steps Up Renewable Output With Solar PV Project

GAC Bahrain partnered with Al Mannai Projects to install 552 photovoltaic panels on its warehouse roof to will create about 300 KW of green power to the fulfill the facility's electricity needs.

Aug 17, 2022 // Plants, Large-Scale, Commercial, Asia, Renewable Energy, Bahrain, Al Mannai Projects, Bahrain Investment Wharf, GAC Bahrain, Johan Fulke, National Renewable Energy Action Plan, NEEAP, NREAP, rooftop solar PV on warehouse, Sustainable Energy Unit, Talal Al Mannai, tional Energy Efficiency Action Plan

REC Solar introduces major recruitment drive in India as it increases HJT capacity growth

Module manufacturer REC Solar, in cooperation with its parent company Reliance Industries, has actually ramped up recruitment of staff for its India solar factory that is presently unfinished.

Aug 15, 2022 // Manufacturing News, India, Asia, heterojunction, REC Group, Singapore, module manufacturing, HJT, Reliance Industries

Jinchen to supply Waaree with 2.5 GW module production line, takes total supplied to 10GW

China-based PV module assembly devices expert Yingkou Jinchen Machinery has struck another agreement with Indian module manufacturer Waaree, this time around to supply it with a 2.5 GW high-efficiency module production line in a continuation of the firms' service relationship.

Aug 15, 2022 // Manufacturing News, India, Asia, waaree, jinchen, module production, assembly line

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