Sonnedix Japan has reached financial close on a JPY16.5 billion (US$149 million) non-recourse financing with Sumitomo Mitsui Banking Corporation (SMBC) for the 41.6MW Sano solar PV plant in the Tochigi prefecture, Japan.
The Asian Development Bank (ADB) is providing a US$20 million loan and a US$25.44 million grant to support off-grid solar PV pumping for agricultural irrigation in Bangladesh, to replace expensive diesel-based systems.
China-based PV module materials and N-type mono and IBC (Interdigitated Back Contact) bifacial module manufacturer, Jolywood has solidified its business relationship with Qinghai province State Power Investment Corporation’s Huanghe Hydropower Development Co., (SPIC) by establishing a joint laboratory to advance new materials, cells and module technology.
The Asian Development Bank (ADB) has approved a US$90 million loan to help Cambodia strengthen climate resilience and modernize the agriculture sector, including the promotion of renewable energy.
Thai agro-industrial and food conglomerate Charoen Pokphand Foods (CPF) has signed an agreement with local clean energy firm Gunkul Engineering to install a 40MW rooftop solar project at CPF’s manufacturing plants for self-consumption.
India’s Ministry of New and Renewable Energy (MNRE) has extended the timeline for implementation of its 40GW Solar Parks scheme from 2019-20 to 2021-22.
Proinso UK, providing procurement and engineering through its EPM unit (Engineering Procurement Management), and Dhaka-based independent power producer Joules Power Limited (JPL) are due to commission a 28MW solar project in Bangladesh this month, which they claim to be the first utility-scale PV project in the country.
Indian solar tariffs have matched their lowest ever in the most recent 2GW auction from Solar Energy Corporation of India (SECI), hitting INR2.44/kWh (US$0.036) for the first time since May 2017, and with much of the capacity expected to be set up in Rajasthan.
