Southeast Asia

The solar centric political campaigning group EU ProSun, established by integrated PV module manufacturer, SolarWorld, has condemned China and Chinese module manufacturers for causing SolarWorld to make 500 ‘temporary’ workers at its manufacturing plants in Germany, redundant.

d.light, a solar solutions provider for communities without access to reliable power, has secured US$22.5 million in new financing to grow its PayGo business into additional off-grid territories.

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.

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.

Chinese monocrystalline solar module manufacturer LERRI Solar has announced a new ambition to expand into the overseas market.

This week's Movers & Shakers features expansion into new markets, renewable asset management and new executive appointments.

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.

Indonesia’s first ever feed-in tariff (FiT) for solar PV projects should generate attractive project returns in Java-Bali and Sumatra, according to a Bloomberg New Energy Finance (BNEF) research note.