The planned merger of Taiwan-based PV manufacturers Gintech Energy, Neo Solar Power (NSP) and Solartech Energy to be called United Renewable Energy Co (UREC) is to receive an investment from the Taiwan government, according to reports.
Several provincial authorities in Vietnam are developing guidelines for renewables that should improve the country’s solar market, but stubbornness from the monopoly utility EVN means that the largest-scale projects remain the preserve of big risk-takers, according to a representative of international law firm Baker McKenzie.
Australian university signs deal to become 100% renewable, IBC Solar installs 4MW rooftop project in Turkey, EBRD supports France’s Urbasolar in Kazakhstan
The majority of Taiwanese solar industry companies that are public listed on the TSE have recently reported December, 2017 sales figures, highlighting how elusive the recovery in sales has been in 2017.
Australia has installed 1,778,687 rooftop PV systems, totalling just more than 6.29GW in capacity, as of 1 December 2017, according to new data from Australia’s Clean Energy Regulator (CER).
Taiwan-based merchant PV manufacturer and downstream project developer Neo Solar Power Corporation (NSP) said a Joint Venture business unit had secured syndicated loans valued at NT$5 billion (US169 million) to build PV power plants totalling 100MW in Taiwan.
Ho Chi Minh City-based conglomerate TTC Corp plans to start constructing three solar projects, totalling 150MW of capacity, in Vietnam in the first half of next year.
