High-efficiency PV module producer and project developer SunPower is to take over its joint venture (JV) solar cell manufacturing operations in Malaysia from Taiwan-based partner AUO, a subsidiary of AU Optronics Corporation at a cost of US$170 million, payable over the next four years.
The average severity of insurance claims from the solar PV industry has increased by 87% over the past five years often as a result of extreme weather, according to new research from renewables insurance specialist GCube Underwriting.
A total of 12 projects have been awarded funding in Australia’s breakthrough utility-scale solar funding round, with AU$91 million set aside for 482MW of capacity.
India-based PV module manufacturer Vikram Solar has revealed plans to expand capacity to 2GW by 2019, up from recently completed expansions that have taken nameplate module capacity to 500MW.
BCPG, the renewable energy power producer of Thai oil refiner Bangchak Petroleum, could potentially raise up to 5.9 billion baht (US$170 million) from an initial public offering (IPO) this month, according to the company.
Electronic gases specialist, Linde has established a new R&D facility in Taiwan to better serve the growth in solar cell manufacturing capacity expansions in South East Asia.
Singapore-based renewables firm Sunseap Group has won a 10MW solar PV project in Cambodia, the Southeast Asian country’s first ever utility-scale solar plant.
