Shell acquires 49% stake in Singapore’s Cleantech Solar
Marking yet another PV investment, Shell has reportedly acquired a 49% stake in Singapore-based Cleantech Solar. There is an option to increase this after 2021.
Comtec Solar raises cash with southeast Asian storage business JV
The solar manufacturer and developer has joined forces with Singapore’s ISDN and plans to expand its battery operations in the region. Elsewhere though, Longitech’s latest fundraising exercise has fallen flat.
Singapore launches blockchain-based renewable energy marketplace
Companies keen to offset their carbon emissions will be able to purchase renewable energy certificates at Singapore’s first blockchain-powered marketplace, launched by electricity provider SP Group.
Sunseap to build 5 MW floating PV at sea
Project developer Sunseap has announced plans for one of the world’s largest PV systems floating on seawater, to be built in the Johor strait which separates Singapore and Malaysia. The 5 MW system is expected to be completed in the first quarter of 2019.
Singapore seeks proposal for 100 MW of floating PV
Singapore’s Economic Development Board has issued a request for information related to the potential deployment of a large-scale floating solar system to generate energy for private sector consumption.
IRENA and southeast Asian nations pledge action on PV
The International Renewable Energy Agency wants to unlock the PV potential of the Asia-Pacific region with technical and planning support. It says a better flow of knowledge is needed to close the gap on a regional aim of generating 23% of energy from renewables by 2025.
Another Facebook data center goes solar
The company data center in Singapore will be provided with solar power by Sembcorp Industries under a 20-year PPA. The required electricity will be generated across 900 rooftop PV systems totaling 50 MW.
Solar performance polluted by urban haze
Research conducted over several years by scientists at the Massachusetts Institute of Technology (MIT) demonstrates that air pollution in cities can put a dampener on the performance of PV panels which, if not taken into account, can threaten a project’s viability.
Macquarie puts faith in Asia-Pac solar
The Conergy brand has changed hands again with the Australian infrastructure giant acquiring the company’s Asia-focused business from its previous US-based fund management owners. Macquarie may be positioning itself to take advantage of a flood of cheap Chinese-made panels.
Singapore: Sembcorp Solar awarded 50 MW rooftop PV tender
Sembcorp Solar Singapore Pte Ltd has been awarded 50 MW worth of solar PV rooftop projects by Singapore’s Housing & Development Board (HDB) and Economic Development Board (EDB). The project is expected to be completed by 2020.
