Asia

Sun Cable has actually closed a AU$ 210 million (US$ 152 million) Series B raise with their existing shareholders to fund the development of its Australia-Asia PowerLink (AAPowerLink) subsea cable project.

Chinese inverter maker Sungrow has actually inaugurated a 7GW growth to its solar inverter factory in India, taking the center's production capacity to 10GW.

China's Risen Energy Co Ltd (SHE:300118) stated on Thursday it will provide solar (PV) modules for a 361-MW solar park that will be powering a 20,000-tonne green hydrogen production facility in China.

Japanese oil company Eneos Corp, a unit of Eneos Holdings Inc (TYO:5020), along with compatriot Mizuho Leasing Co Ltd (TYO:8425), is investing in 4 solar energy plants in Japan with a combined capacity of 56.9 MW.

Emirates Global Aluminium (EGA) is partnering with Abu Dhabi National Energy Company, referred to as Taqa, the Emirates Water as well as Power Company (Ewec) and Dubal Holding to develop even more solar generation capacity in the UAE and also decarbonise aluminium manufacturing.

Japanese real estate and also renewables financier Ichigo Inc (TYO:2337) claimed today that it has actually started the procedure of a 2.93-MW solar energy plant in Hiroshima prefecture, Japan.

Malaysian photovoltaic or pv (PV) plants home builder Solarvest Holdings Bhd (KLSE: SLVEST) has actually been granted 3 contracts to construct 40 MW of large-scale solar farms in its residence nation.

The International Energy Agency (IEA), in a 10 point plan for Europe to reduce its dependence on Russian energy products, has actually made a strong pitch for more renewables, energy performance, and branching out of distributors, for Europe to reduce its dependence on Russia.

Saudi Arabia Energy Minister educates that even more renewable projects worth 15 gigawatts will certainly be added this as well as coming year. Saudi Power Procurement Company authorized PPAs with Ar Rass Solar and also consortium led by Jinko Power.

LONGi solar has actually boosted its wafer prices for the third time in less than six weeks as a four-month high in wafer prices proceeds, while Tongwei solar has additionally raised the price of its 182mm and also 210mm solar cells.

Europe's neighborhood of solar designers, sponsors and property proprietors are supported for wider impacts and also headwinds brought on by the recurring dispute in Ukraine, with inflation and spiraling commodity prices highlighted as of particular concern.

25-year PPA with SPPC is for the $450m Ar Rass solar project in Al Qassim province

Floating solar farms utilize solar panels that are affixed to plastic floats, which then drift on a body of water. These floating solar arrays are generally placed on man-made bodies of water-- a town's water reservoir, an irrigation reservoir, a water therapy facility.

The International Energy Agency (IEA) has actually released a 10-point strategy to minimize the European Union's dependence on Russian gas that consists of the accelerated deployment of eco-friendly power as the battle in Ukraine destabilises the continent's energy protection.

Italy should increase the authorisation of brand-new solar projects to reduce the country's dependence on imports of Russian gas, the head of state of sector trade organization Italia Solare has actually claimed.