As expected, three of Taiwan’s merchant solar cell and module producers, Gintech Energy Corp, Neo Solar Power (NSP) and Solartech Energy have officially announced plans to merge and exit the ‘foundry’ business model they were founded on.
NTPC-SAIL Power Company (NSPCL), a joint venture between Indian utility NTPC and the Steel Authority of India, have invited bids for EPC on a 25MW solar project in West Bengal, India.
Rooftop PV specialist Asia Clean Capital (ACC) and major food company Danone China Food & Beverage have brought online a 2.45MW rooftop solar project located at Danone’s Zhongshan factory in China.
Utility-scale solar projects and hundreds of other power projects in the Philippines are being held up by pending approvals at the Energy Regulatory Commission (ERC), a problem compounded by last week’s dismissal of ERC chairman Jose Vicente Salazar for grave misconduct related to allegations of corruption.
Azure Power has submitted the lowest bid of INR3.14 (US$0.048) in a 250MW solar auction under the Domestic Content Requirement (DCR) held by Indian utility NTPC.
Three of Taiwan’s merchant solar cell and module producers, Gintech Energy Corp, Neo Solar Power (NSP) and SolarTech Energy have separately announced the suspension of trading of their stocks on the Taiwan Stock Exchange beginning on October 16.
State-run oil company Petrona Dagangan Berhad (PDB) has signed an MoU with Malaysian Green Technology Corporation (GreenTech Malaysia) and a subsidiary of major utility Tenaga Nasional Berhad (TNB), to install 100 electric vehicle charging stations with solar PV by 2018 in Malaysia.
India’s new power minister R.K. Singh has said that India’s power needs will double in the next 6-7 years, while India is committed to reaching 40% renewables in its energy mix by 2030.
Engineering and real estate firm TEE International, part of TEE Group, has formed a joint venture with PV firm Malaysian Solar Resources (MSR) to focus on Singapore solar tenders and explore investment opportunities in Southeast Asia.
PV developer Sunray Power (SPI), majority owned by MRC Allied subsidiary Menlo Renewable Energy Corporation, has signed a service contract with the Department of Energy (DOE) to develop a 100MW solar PV project at Clark Green City in the Municipality of Bamban, Tarlac, the Philippines.
