Asia & Oceania

Chinese monocrystalline solar module manufacturer LERRI Solar has announced a new ambition to expand into the overseas market.

PV Tech’s preliminary analysis of global PV manufacturing capacity expansion announcements in July and August, 2016 highlight the industry fears over a new period of overcapacity across the supply chain after explosive growth plans announced in the first half of 2016.

BayWa renewable energy, a subsidiary of Munich-based BayWa, has acquired Perth-based PV distributor Solarmatrix.

This week's Movers & Shakers features expansion into new markets, renewable asset management and new executive appointments.

China-based renewable energy provider Huaneng Renewables reported first half 2016 revenue of RMB 4,914.3 million (US$735.58 million) a 25.3% increase over the prior year period, partially driven by a 26.1% increase in electricity generated from its PV power plant operations.

Rio gets solar map, JinkoSolar supplies Kuwait's first PV project

Electronic gases specialist, Linde has established a new R&D facility in Taiwan to better serve the growth in solar cell manufacturing capacity expansions in South East Asia.

CIS thin-film module manufacturer Solar Frontier has signed a Memorandum of Understanding (MO) with Saudi Aramco and the Saudi Arabian National Industrial Cluster Development Program (NICDP) on the feasibility of establishing a thin-film module production plant in Saudi Arabia.

Inverter manufacturer ABB India has opened a solar inverter manufacturing facility in the southern city of Bangalore, which doubles the firm’s capacity in the country.

Solar tracker firm NEXTracker has delivered trackers to a 105MW PV plant developed by Indian conglomerate Adani in the state of Punjab.