ADB backs Thailand’s major IPP going green
As emerging economies in the ASEAN region search for new ways to access power amid growing demand, the Asian Development Bank (ADB) is looking to encourage development of renewable energy projects. This time, it has spent more than $50 million on shares of Thailand’s B. Grimm Power Public Company, which is looking to diversify its energy generation portfolio.
LONGi Solar first to place order for new Meyer Burger tool
Swiss equipment supplier Meyer Burger today announced the launch of its new MAiA EVO system, and the receipt of the first order for the system from PERC manufacturer LONGi Solar Technology. The tool is set to be delivered in the second half of 2017.
Solargiga ships 1.16 GW in H1
Solargiga Energy’s shipments of PV cells, solar panels, silicon ingots and wafers reached 1.16 GW in the first half of 2017, up nearly 55% year on year. Revenue from its production business rose 16.2% on the year to CNY 1.97 billion ($291.6 million), according to unaudited preliminary operating statistics filed to the Hong Kong stock exchange.
Iran pushes for more residential and commercial PV
The Iranian government is seeking to create awareness of the advantages of the FIT program for PV projects not exceeding 100 kW in size.
Huaneng switches on 375.8 MW of PV in Q2
Huaneng Power International (HPI) switched on 105.23 MW of solar in the April-June period, as well as an additional 270.55 MW of capacity that it completed in cooperation with partners.
India: State of Mizoram pledges to install 80 MW of solar in 2017
In order to meet its 10.5 % renewable purchase obligation by FY 2021-22, the government of the Indian state of Mizoram has adopted a solar power policy that envisages deployment of 80 MW of solar projects in 2017.
Canadian Solar begins operation on 52.5 MWp of solar plants in Japan
The solar PV giant announced the commercial operation of four solar PV power plants in Japan in the first half of 2017
Analysis: 18 GW Q2 could drive China PV installs above 35 GW, data shows
Preliminary data from independent analysis of Chinese solar market suggests incredibly strong first half of a year that could end with an additional 35-40 GW of PV capacity installed.
Australia’s Redflow seeking AU$14.5m, shifts focus to lead-acid replacement market
Australian stock exchange-listed battery maker Redflow has announced a AU$14.5 million ($11.25 million) funding round, as the Brisbane-based company takes its manufacturing base offshore and turns its attention to a market “sweet-spot” including the off-grid, telecom, commercial and industrial sectors.
India: TANGEDCO to sign 1.5 GW PPAs at INR 3.47 (~$0.054)/kWh
After its 1.5 GW tender stirred unprecedented interest among developers attracting technical bids of 3.7 GW, the Tamil Nadu utility is now set to sign PPAs at the rate of INR 3.47 (~$0.054)/kWh for a period of 25 years.
