Central & East Asia

Tech giant Microsoft has signed agreements with RenNew in India and EDP Renewables in Singapore to secure 637.6MW of solar PV energy in Asia.

Several Chinese provinces have suspended the approval of new distributed PV projects amid concerns over available grid capacity.

India’s cumulative installed solar capacity stood at 87.2GW by the end of June 2024 and accounts for 19.5% of all power capacity installed.

CGN has commissioned a 400MW offshore floating solar project in Laizhou Bay, China's first large-scale deep-water offshore solar project.

Net revenues for the quarter (for both CSI Solar and Recurrent Energy, the manufacturing and project development businesses) were US$1.6 billion, a 23% increase from US$1.3 billion in Q1.

Against the backdrop of uncertain economics in the PV sector as a whole, the price of high-purity quartz sand has also fallen.

Vikram Solar has launched its latest product, the Suryava module, which is the company’s first product to use heterojunction (HJT) cells.

Chinese PV manufacturer Tongwei has announced plans to obtain a controlling interest in fellow Chinese company Runergy.

India added around 12.2GW of new solar capacity in the first half of the year, according to figures from JMK Research.

Polysilicon prices in China have continued to stabilise, with no significant fluctuations over the past month.