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First Solar sells O&M arm, checks out future of EPC business as tax equity headwinds loom
influence from COVID-19 on its core tasks. Factories in Vietnam and also Malaysia are progressing towards their particular ability utilisation peaks while its
Aug 7, 2020 // Manufacturing News, Markets & Finance News, EPC, ITC, O&M, First Solar, Mark Widmar, covid-19, series six, tax equity
First Solar devices vendor LPKF Laser keeping manufacturing in spite of COVID-19 situation
laser scribing devices throughout the SMSL's factory in the United States, Malaysia and also Vietnam. The tools distributor informed PV Tech that the firm had
Mar 25, 2020 // Manufacturing News, Markets & Finance News, Germany, Europe, first solar inc, cdte thin-film modules, Coronavirus, covid-19, lpkf, laser scribing
Malaysian company gets 37.5% risk in Rising Sun Energy's 140 MW solar possessions
Malaysian power services solid Yinson Holdings Berhad (Yinson) has actually authorized contracts to obtain a 37.5% equity risk in Indian independent power manufacturer Rising Sun Energy (RSE) which has collective functional ability of 140 MW (A/C) in the Bhadla Solar Park of Rajasthan. Yinson will certainly pay Rs 554 million (RM32 million) for the risk, as well as extra financing of Rs 600 million (RM35 million) to pay back specific exceptional responsibilities of RSE-- according to a declaration by Yinson. Climbing Sun Energy has 2 adjacent solar plants in Bhadla Solar Park-- with mixed generation ability of 140 MW (Air Conditioning ranked)-- which were appointed in 2017. It has actually authorized 25-year PPAs, adding to year 2042, with state-owned power utility NTPC Limited. The purchase was made via Yinson's completely possessed subsidiary, Yinson Renewables, which was developed in year 2019. " This purchase is a considerable landmark for the business as it notes Yinson's venture right into renewable resource," claimed Yinson Group president Lim Chern Yuan. CEO-Renewables David Brunt included, "India is an essential development market for our renewables sector, and also we are thrilled to be figuring in India's eco-friendly development approach. We anticipate dealing with the RSE group in the direction of attaining our common goals." Increasing Sun Energy creator as well as CEO Arunav Sharma commented," [Yinson] will certainly sustain RSE's goals to expand business and also end up being a leading renewable resource developer as well as driver. Our company believe that Yinson's assistance and also experience will certainly assist to open better possibilities for RSE, both in India as well as around the world." Climbing Sun Energy, included in 2014, creates, has, and also runs solar energy possessions to sustain the power markets in India. Yinson Holdings Berhad, noted on the major market of Bursa Malaysia Securities Berhad, has present market capitalisation worth RM5.08 billion as on March 31, 2020.
Apr 3, 2020 // Markets & Finance News, Malaysia, India, Asia, Yinson, Rising Sun Energy, Lim Chern Yuan, David Brunt, Arunav Sharma
ADB leads $186 million financing for the biggest solar plant in Vietnam
last year according to Renewables Now. By end of last year, Vietnam surpassed Malaysia and Thailand to get to the largest mounted capacity of photovoltaic panels in
Oct 23, 2020 // Markets & Finance News, ADB, Asia, Vietnam, PV Power Plant
NextEra gets in touch with United States authorities to disclose members of group behind brand-new anti-dumping request
group insurance claims are "unfairly traded imports" of modules and cells from Malaysia, Thailand, and Vietnam "that are unjustifiably circumventing antidumping and
Aug 26, 2021 // Manufacturing News, Markets & Finance News, Policy, China, Asia, NextEra, antidumping, circumvention, imports, A-SMACC, countervailing duties
OCI closing Korean solar quality polysilicon plants on US$ 636m problems cost
run its solar-grade and also electronic devices quality polysilicon plant in Malaysia. The essential issue for polysilicon manufacturers has actually been the ramp
Feb 12, 2020 // Manufacturing News, China, polysilicon, c-si manufacturing, wacker chemie, Asia, Korea, oci chemical, hanwha chemical, tongwei group
Risen Energy Invests in Cell and Module Expansion
outsourced or generated in a few other areas, especially Vietnam as well as Malaysia. It is pertinent that no Chinese maker participated in India's substantial PLI
Feb 8, 2022 // Manufacturing News, Markets & Finance News, solar cell, Risen Energy, solar module, Renewable Energy, China Solar, Jinjing
Auxin Solar calls for US examination into tariff circumvention by Southeast Asia-based business
into assemblers of crystalline silicon PV (CSPV) cells and modules in Malaysia, Thailand, Vietnam and also Cambodia that it alleges use affiliated Chinese
Feb 10, 2022 // Manufacturing News, Markets & Finance News, Tariffs, USA, China, Asia, North America, tariffs, Auxin Solar, A-SMACC, anti dumping, AD/CVD
Solar Trade Probe Poses Threat to United State Projects, Developers Say
choose by March 25 whether to formally investigate whether solar products from Malaysia, Thailand, Vietnam and also Cambodia circumvent longstanding solar tariffs. An
Mar 16, 2022 // Markets & Finance News, USA, China, Asia, North America
Unique PV plant style for livestock in Taiwan
to. Comparable solar projects are now being intended in Denmark as well as Malaysia, to name a few countries. A big German sheep-farming business likewise claimed
Aug 21, 2020 // Plants, Large-Scale, Commercial, Taiwan, TaiPower
International PV capability enhancements struck 115 GW in 2019, claimsImage: IEA PVPS
enhancements last year. Nations such as South Korea, Taiwan as well as Malaysia made up for decreasing need in China and also India in 2019. The IEA stated
May 5, 2020 // Markets & Finance News, Policy, China, Asia, IEA, WORLD
500 W-plus panel race escalates with JA Solar's brand-new module as well as Risen's very first delivery
in Zhejiang district, on April 30. The components remain in transportation to Malaysia where Tokai Engineering will certainly be the initial client to unpack
May 12, 2020 // Manufacturing News, Markets & Finance News, Malaysia, China, JA Solar, Asia, Risen, Jin Baofang
First Solar readjusts 2021 advice because of freight expenses
while the company has been able to maintain production operations in Malaysia and Vietnam, the rise of COVID-19 instances and potential limitations are
Aug 2, 2021 // Markets & Finance News, First Solar, covid-19
Five bidders set to secure 490 MW in Malaysia’s third solar auction
Malaysian energy regulator Suruhanjaya Tenaga has named the five shortlisted bidders for the final phase of Projek Loji Jana Kuasa Solar Berskala Besar Pusingan Ketiga – or Large Scale Solar (LSS) 3, the third round of the national procurement program for utility scale PV. Four of the bidders have pitched proposals for 100 MW facilities and the fifth a 90 MW project, hinting the 500 MW exercise will be slightly under-subscribed. One of the four 100 MW projects – to be developed in Marang in the state of Terengganu – was submitted by a consortium formed by German developer ib Vogt and Malaysian company Coara Solar and a second 100 MW project in Marang was offered by Cypark Resources Bhd and Impian Bumiria Sdn Bhd. The third shortlisted 100 MW project is being planned in Kerian, in Perak state, by a consortium led by French energy giant Engie and Malaysian company TTL Energy Sdn Bhd. The fourth 100 MW facility – planned in Pekan in the state of Pahan – has been submitted by local company Konsortium Beseri Jaya Sdn Bhd and the Singapore unit of South Korea’s Hanwha Group. The 90 MW project was offered by Spanish developer Solarpack with Malaysian clean energy outfit JKH Renewables, in Kuala Muda in Kedah state. Commissioning date The projects will have to begin commercial operation in 2021. The auction attracted 112 bids for more than 6.73 GW of generation capacity. The lowest solar energy price offered in the tender was MYR0.17777/kWh ($0.042). The LSS tender program was introduced by the Malaysian government in 2016 to replace feed-in tariffs. In the first round of the LSS, held that year, the government allocated 200 MW of generation capacity in peninsular Malaysia and 50 MW in Sabah, northern Borneo. In the second tender, held in 2017, 360 MW was allocated in the peninsula and 100 MW across Sabah and the islands of Labuan. A project size limit of 50 MW in the first round was reduced to 30 MW in the second tender, which attracted bids for 1.6 GW of solar capacity at prices of MYR0.33-0.53/kWh.
Jan 9, 2020 // Markets & Finance News, Malaysia, Asia, solar auction
Macquarie refinances 365MW UK PV portfolio
energy financial investment and also asset management firm possessed by Bursa Malaysia-listed electrical energy utility Tenaga Nasional Berhad. The funding
Feb 23, 2022 // Markets & Finance News, UK, Europe, Tom van Rijsewijk, PV Power Plant, Macquarie Asset Management, Vantage Solar UK, Vian Davys