Market research firm Bloomberg New Energy Finance has followed the lead set by China trade bodies and significantly raised its solar installation forecast for China in 2017.
For the most part, it will take some years for solar-plus-storage in the ASEAN region to become economically viable on a large scale, but panellists at the opening day of Solar and Off-Grid Renewables Southeast Asia event in Bangkok, have warned that investors who come on board quickest are going to gain a huge advantage.
ERG Power Generation, subsidiary of ERG, has signed off on an agreement with VEI Green to acquire 100% of ForVei — a joint venture between VEI Green and Foresight.
Major Korean-based polysilicon producer OCI Chemical is expanding its production of high-purity polysilicon to meet greater demand for P-type monocrystalline wafers used with PERC (Passivated Emitter Rear Cell) technology.
Major PV manufacturer Yingli Green Energy is building a 100MW ‘Top Runner’ project in Wuhai City, Inner Mongolia Autonomous Region of China using its ‘PANDA’ monocrystalline bifacial modules, the largest project to date deploying bifacial modules in the world.
The German Development Bank (KfW) and the African Trade Insurance Agency (ATI) have set up a new credit facility instrument built to support renewable energy projects in sub-Saharan Africa that targets small- and mid-scale renewable energy projects (up to 50MW).
If India’s anti-dumping duty petition results in the introduction of trade barriers without other policy level reforms, it will fail to achieve its original goal of supporting domestic manufacturers, having already created huge uncertainty in the whole sector, according to a report by consultancy firm Bridge to India.
China-based PV solutions provider ET Energy and engineering consultancy Northwest Electric Power Design Institute (NWEPDI) have signed an EPC agreement with Malaysian PV developer UiTM Solar Power for a 61MW solar project in Malaysia.
