Huawei begins string inverter installation at 50 MW Malaysian solar farm
The project will become the largest single solar site in Malaysia once completed. Chinese inverter company Huawei is installing its SUN2000-42KTL string inverters at the plant.
JRE finishes 22 MW in northern Japan
Japan Renewable Energy (JRE) has completed a 22.09 MW solar array in Japan’s Tohoku region.
India’s Heavy Engineering enters solar module production
The Indian industrial conglomerate is currently planning to build a 150 MW vertically integrated PV panel manufacturing facility.
Goldman Sachs, Tennenbaum buy Conergy’s Asia business
A unit of Goldman Sachs and funds under Tennenbaum Capital Partners have jointly acquired Conergy Asia & ME and its subsidiaries from Kawa Solar Holdings.
State Bank of India’s 600 MW plan for rooftop solar moves forward
The $625 million program, which is being financed by the World Bank, will provide private developers with financing for viable grid-connected rooftop PV projects.
Oil giant Shell invests in Singapore solar firm Sunseap
Although the amount of investment remains undisclosed, Shell’s involvement is likely to support substantial expansion of Sunseap’s solar production activities in Singapore and beyond.
Philippine oil firm embarks on another solar venture
PetroEnergy’s clean energy subsidiary receives environmental clearances for construction of 10 MW solar PV plant in the country. Project is the oil firm’s second solar foray.
Shunfeng issues H1 profit warning
The Chinese clean energy giant is expecting losses over the first half of this year to amount to around $49 million following a difficult 2016 and further squeezing of the firm’s activities in 2017.
Meralco opens bids for up to 85 MW of PV
Meralco is now reviewing proposals from solar developers to beat Citicore Power’s offer to supply 75 MW to 85 MW of PV capacity from three sites at a rate of PHP 3.50 ($0.07)/kWh.
Sri Lanka launches tender for 10 MW solar project
The solar facility will sell power to local utility Ceylon Electricity Board under a long-term PPA. Bids must be submitted by August 15.
