Central & East Asia

Thin-film module manufacturer First Solar has reached a module backlog of 71.6GW and sold all its allocated US capacity through 2026.

The Silicon Industry Association has reported that silicon wafer prices have continued to fall due to an oversupply of silicon.

Lower average selling price (ASP) and polysilicon volume sales have dented the revenue of Daqo New Energy in the opening quarter of 2023.

India-based renewables developer Avaada Group has raised US$1 billion from asset owner Brookfield Renewable to fund the growth of its renewable energy platform in India.

TCL Zhonghuan has made a series of announcements recently, including investing in a 25GW N-type TOPCon project, initiating a share buyback and releasing its operating data in the first quarter of the year, which reflected its new direction in the industry and confidence in high quality development.

Indian renewable energy independent power producer (IPP) ReNew Power has issued green bonds to raise US$400 million for its subsidiary Diamond II.

Asia-Pacific independent power producer (IPP) Vena Energy has commissioned a 272MW solar PV project in Taiwan which it says is the region’s ‘largest’ to date.

While solar has been the backbone of Japan’s renewable energy push, deployment has been stalling in recent years. Chris Wilkinson of Rystad Energy details the benefits of the country’s feed-in premium scheme, the potential for corporate PPAs and the importance of battery storage.

Renewables developer Oracle Power PLC has signed a cooperation agreement with Chinese state-owned energy company PowerChina to jointly develop a 1GW solar PV project in Pakistan.

Solar PV manufacturer Astronergy has signed a deal with Romanian energy company EXIMPROD Grup to supply 200MW worth of its PV modules to the group’s pipeline of five solar projects.