An open fund for solar energy and energy storage in various emerging markets has been launched by Franck Constant, the co-founder of Sonnedix Group and director of Sithe Pacific, PV Tech can reveal.
Political changes over the last four years and the recent death of King Bhumibol has brought some inertia to the Thailand market, but industry members expect the market will return to strong growth in the second half of 2017.
India-based PV module and EVA encapsulant manufacturer RenewSys India Pvt Ltd said it had started ramping its 100MW highly automated multicrystalline solar cell line at its Hyderabad facility.
At the beginning of August, major PV inverter manufacturer Sungrow Power Supply Co., raised around US$400 million in new capital via a private placement of shares with multiple Chinese banks.
Indonesia’s multiple isolated grids represent opportunities for intrepid solar developers, according to Andre Susanto, Clean Energy Consultant at Bluejay Energy.
Choosing good quality solar equipment will be essential to keep the solar industry sustainable in Southeast Asia, according to Wandee Khunchornyakong Juljarern, chairwoman and chief executive, SPCG, the largest solar installer in Thailand.
Household solar systems have taken hold in Laos, but PV deployment on a grand-scale is being held back by a focus on hydropower, according to delegates at the Solar & Off-Grid Renewables Southeast Asia Event, in Bangkok.
