Asia & Oceania

Solar inverter supplier Sungrow will grow its manufacturing capacity in India to 10GW this year.

Independent power producer ReNew Power has agreed to go public through a merger with RMG Acquisition Corporation II, a US special purpose acquisition company (SPAC), in a deal that values the combined entity at US$8 billion

PV module manufacturer Maxeon Solar Technologies is to appoint a new CFO, Kai Strohbecke, from March 15 2021, seven months after its spinoff from SunPower subsequent and NASDAQ IPO.

Mytilineos is looking to transfer its global experience of solar and storage project development to help decarbonise the Greek electrical system and hit 3GW of PV capacity by 2030.

Solavio Labs, an Indian start-up that provides autonomous solar panel cleaning technology, is expanding its footprint to North America and the Middle East after securing fresh funding.

Six Renewables Energy Zones to be created in Victoria as new ‘VicGrid’ body created to oversee the plans

Four new approvals this year add to growing list of 210mm-compatible products as solar industry adopts large-area modules.

Major ‘Solar Module Super League’ (SMSL) member JinkoSolar has secured a three-year solar glass supply contract with Flat Glass Group, totalling the equivalent of 59GW of PV modules.

Canadian Solar has raised JPY22 billion (US$208 million) for its Japan Green Infrastructure Fund (JGIF), which will develop and accumulate solar projects in the Asian country.

Major PV inverter manufacturer SolarEdge Technologies reported year-on-year revenue growth of just 2.4% in 2020, compared to growth rates of over 50% per annum in recent years.