Escalating US-China trade tensions have seen polysilicon manufacturer record slump in profits, with one facility halted and another now facing potential exit.
Firm will partner with local utility RusHydro to equip diesel plants with solar and storage in scheme backed by Russian state's Far East Development Fund.
Fitch Solutions says module supply glut from Chinese companies will benefit Taiwan, but local developer tells PV Tech that locally-sourced equipment still backbone of market.
The equity transfer comes weeks after Meralco launched a 2MW/2MWh battery electric storage system 50km north of Manila that will work to stabilise energy from a 3.8MW solar farm.