Sharp completes 49 MW in central Vietnam
A unit of the Japanese electronics group has finished building a 49 MW solar array in Quang Ngai province, in collaboration with Thailand’s Sermsang Power.
India’s Waaree Energies finishes 49.5 MW in Vietnam
The Mumbai-based EPC contractor and module manufacturer expects its international business to account for more than 15% of its overall revenue. The company’s latest installation, in Vietnam, marks the completion of over 600 MW of solar EPC projects, with an additional 100 MW in its international pipeline.
June’s FIT expiry may bring up to 4 GW of solar online in Vietnam
Although only four PV plants with a combined capacity of 150 MW were grid connected by mid-April, the Vietnamese government expects another 88 FIT-entitled solar facilities to come online by the end of next month. By Sunday, 34 projects with a combined capacity of 2.2 GW had already arrived on top of the mid-April connections.
Oil and gas majors join rush to renewables in Australia and Pacific
Renewable energy investment in the Asia-Pacific region, excluding China, will overtake spending on oil and gas exploration and production by 2020, finds Norwegian consultancy Rystad Energy. And Australia is set to emerge as one of the leading investment destinations.
Protectionist measures working as Chinese export destinations shift
While the world’s biggest solar manufacturers are confident there are plenty of alternative markets for a rising volume of panel exports, the message spelled out by first-quarter shipment figures is that protectionism works.
Scatec Solar inks strategic collaboration deal over 485 MW of solar in Vietnam
Scatec wants to expand in Southeast Asia and Vietnam is poised to become a hot market thanks to a generous feed-in tariff and a government that has set tight carbon emission targets.
India’s solar sector will outperform globally despite near-term challenges, says Fitch Solutions
With Narendra Modi being tipped to triumph again in the current Indian elections, Indian solar capacity is expected to grow robustly, at 15.3% per year, on the back of continued strong government support.
India investigates claim of dumped coated steel products from China, Korea and Vietnam
In the latest tariff spat to afflict the solar world, India’s Directorate General of Trade Remedies will investigate a claim steel products coated with aluminum and zinc are being dumped by Far Eastern manufacturers.
First Solar is sitting pretty
The thin film PV maker reported solid year-end 2018 results, with future bookings extending out four years and the fourth of five Series 6 factories already online.
IFC anchors green bond for 5 GW of renewables in east Asia and Pacific
World Bank sister organization the IFC has made a $75 million commitment to a green bond recently issued by Philippines based developer AC Energy. Vietnam’s sub-standard financial sector performance has prompted the Asian Development Bank to suggest green bonds could best leverage the country’s renewable energy targets.
