A new strategic plan from Sembcorp Industries will see the Singapore-based energy company aim to increase its renewables capacity almost fourfold to 10GW by 2025.
Solar developer Adani Green Energy has announced plans to buy SoftBank-backed renewable energy company SB Energy Holdings a in a deal with an enterprise value of US$3.5 billion.
Indian authorities have launched an anti-dumping investigation into imports of solar cells from China, Thailand and Vietnam following an application filed by the Indian Solar Manufacturers Association.
Leading monocrystalline wafer producer and ‘Solar Module Super League’ (SMSL) member, LONGi Green Energy and subsidiary, LONGi Solar respectively, have continued an unprecedented sales run, notching up first 2021 revenue (operating income) of RMB 15.85 billion (US$2.44 billion), its second highest quarterly figures.
India presents an “enormous potential” for the development of solar and wind hybrid power systems, with more than 12.3GW of collocated tenders issued in the country to date.
LONGi Solar will supply its high-efficiency modules to two projects in Malaysia totalling 190MW that were awarded in the third round of country’s large-scale solar tender programme.
The Indian government has approved production-lined incentives for the country’s solar module manufacturing sector to help the country add an extra 10GW of solar power generation capacity over the next five years.
Scatec has unveiled a NOK 100 billion (US$11.7 billion) plan that will see the company expand its renewables portfolio to 15GW over the next four years.
