Central & East Asia

The Asia Pacific (APAC) region is expected to invest US$3.3 trillion in power generation over the next decade, of which a quarter for solar alone, according to energy research company Wood Mackenzie.

Masdar subsidiary MW Energy plans to develop 500MW of renewable projects in Tajikistan, which will include solar projects.

Indian renewable energy firm Axis Energy Group has launched a joint venture (JV) with Brookfield India – the local arm of global investment firm and asset owner Brookfield – backed by an initial investment of US$845 million.

India-based EPC contractor Sterling and Wilson Renewable Energy has been awarded the EPC of a 300MW solar PV project in the Indian state of Gujarat.

Gautam Solar plans to double its annual module production capacity to 2GW by the end of next year through an investment of US$17 million.

JA Solar has signed an agreement with the Paramount Group to provide PV modules to its under-construction 150MW solar project in Bangladesh.

PFC Consulting has launched a request for selection seeking 1.25GW of interstate transmission system-connected solar PV in India.

The US DFC has announced plans to invest US$425 million into TP Solar, to build a 4.3GW solar cell and module manufacturing plant in India.

Global module capacities are on track to reach 866GW by the end of 2023, more than doubling the existing capacity at the end of 2022.

TW (Tongwei) Solar entered the PV industry in 2006, initially specialising in polysilicon production before going on to establish itself as a world-leading manufacturer, currently creating waves in the high-efficiency PV module sector.