Construction risks may have escalated post-COVID and challenges around power purchase agreements (PPAs) remain, however banks in Asia remain committed to lending to solar projects.
Module manufacturer Q CELLS has signed a memorandum of understanding (MOU) with electronics giant Samsung to develop a ‘zero energy homes’ strategy for global markets.
Global developer Mainstream Renewable Power has acquired an 80% stake in Technology and Development Joint Stock Company (D&T), which holds a 405MW portfolio in Dak Nong province, Vietnam
Risen Energy will spend MYR42.2bn (US$10.2 billion) over 15 years on a new solar manufacturing plant in Malaysia, representing the Chinese company’s first investment in Southeast Asia.
Module and cell manufacturers in India will expand their production capabilities by 13.75GW for modules and 6.9GW for solar cells, according to research by JMK Research and Analytics
Annual investment in solar and wind generation in the Asia Pacific region could double to US$1.3 trillion by 2030 compared to the previous decade, with policy targets and cost declines boosting growth, according to research firm Wood Mackenzie.
Retail giant IKEA and the Rockefeller Foundation have today announced the creation of a US$1 billion initiative to catalyse investments in distributed renewable energy (DRE).
Shell has signed a memorandum of understanding (MOU) with Singaporean development agency JTC to explore the development of a new solar farm on the Semakau landfill to the south of Singapore.