India’s government has signed a $98 million loan agreement and US$2 million grant agreement with the World Bank to facilitate India’s 2022 renewable energy target through solar parks.
Constant Energy has signed power purchase Agreements (PPA) with Thailand-based automotive firm Ampas Group for 4.38MW of rooftop solar projects to be installed across seven manufacturing plants at the Bangpoo Industrial Estate.
Major PV inverter manufacturer SMA Solar Technology has secured supply deals for more than 20 different utility-scale PV projects in Australia in 2017, totalling around 1.2GW and included for several large-scale PV projects funded by the Renewable Energy Agency (ARENA).
Renewable energy power purchase agreements (PPA) driven by solar are set to take a significant chunk of the market in Southeast Asia over the next few years, according to panellists at the Solar and Off-Grid Renewables Southeast Asia (SORSEA) conference in Bangkok.
South Korean capital Seoul plans to invest US$1.55 billion in a solar plan which aims to install 1GW of PV generation capacity by 2022, according to local sources.
GCL New Energy Holdings (GNE), the downstream independent PV power producer arm of leading polysilicon and solar wafer producer GCL-Poly Energy Holdings, has secured a HK$8,000 million (US$1.02 billion) in new finance.