Senior debt financing has been secured for the 116MWp Coara Marang solar farm being developed by Germany-headquartered ib vogt and Malaysian solar firm Coara Solar.
Abu Dhabi-based renewables developer Masdar has formed a joint venture to bring forward a 145MWac floating PV park at a reservoir in West Java, Indonesia.
Sungrow has this year provided 2GW of its SG110CX inverters for use in Vietnamese rooftop solar PV installations, as the Chinese company continues to expand its presence in the country.
A round-up of the latest news in solar project development, as juwi hits 3GW installed PV milestone, Greencells makes further progress in the Netherlands and plans for a Cambodian solar-plus-storage microgrid are announced.
Vietnam is set to expand its solar and wind capacity as a supportive regulatory environment and growing investor confidence spur on new project development, according to consultancy Fitch Solutions.
Oil and gas major Shell is looking to expand its use of solar PV in Singapore as part of plans cut its CO2 emissions in the country by a third within a decade.
Solar is the “new king” of electricity, the International Energy Agency has said, with the asset class set to deploy more new capacity then any other technology each year for the coming decades.
