Central & East Asia

Indian energy conglomerate Jakson Group will invest US$240 million to establish a 2.5GW solar cell manufacturing facility in India. It will also expand its module assembly capacity to 2GW.

Toyo Solar has announced plans to build a 2GW module manufacturing plant in the US, which it plans to commission next year.

Reliance Industries is on track to open solar and battery storage production facilities by the end of this year and next, respectively.

According to Bernreuter Research, Tongwei Solar, GCL Technology, Daqo New Energy, and Xinte Energy all posted net losses in H1 2024.

Trina Solar has published its results for the first half of 2024, which include module shipments of 34GW and total revenue of US$6.05 billion.

Major Chinese solar manufacturer JinkoSolar has posted increased sequential shipments and revenues in its Q2 2024 results.

LONGi Solar said that wafer prices had continued to fall below the cost since the second quarter of the year.

Virtual Power Plants (VPPs) have emerged as a novel energy management solution, offering an effective means to address energy supply issues.

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.