Asia & Oceania

Indian solar importers will no longer be permitted to defer payment of the country’s basic customs duty (BCD) following a new order from tax authorities.

A subsidiary of Daqo New Energy is forecasting net profit during H1 2022 to be more than four times higher than the same period last year.

Huawei and Sungrow have maintained their leadership of the solar inverter market for the seventh year in a row, according to Wood Mackenzie.

Mitsubishi Corporation has completed the acquisition of remaining shares of renewables trading firm ElectroRoute.

Solar polysilicon prices jumped by a further 4% this week, fuelling industry assessments that prices will soon jump above the RMB300/kg (US$44.74/kg) barrier.

A secure transition to net zero emissions globally will require countries to diversify and expand the production of solar modules, whose supply chains are heavily concentrated in China, according to new research from the International Energy Agency (IEA).

Total Eren has commissioned a 131MWp solar project in Uzbekistan, the independent power producer’s first to exclusively use bifacial modules.

Module manufacturer Vikram Solar has appointed Ivan Saha as its new chief executive officer to lead the company’s strategic expansion plans.

South Korea is planning to change its renewables targets as part of a host of energy policies from the country’s new government, which aims to increase the role of nuclear power.