Southeast Asia

Major Taiwan-based solar cell producer Gintech Energy Corp ended a period of around six months of flat sales due to capacity constraints, posting December sales up 18.14%, compared to the previous month.

Global corporate funding in the solar industry reached US$25.3 billion in 2015, with a record year for residential and commercial solar, according to consultancy firm Mercom Capital.

Taiwan-based merchant solar cell producer Motech Industries has reported December, 2015 sales reaching a new record high, the fourth consecutive month of record sales.

Distributed renewable energy company UGE International is to acquire Toronto-based solar energy firm Endura Energy Project Corp.

PV manufacturer Zhongli Talesun has become the first of a wave of Chinese firms planning to establish manufacturing operations in Thailand to begin production in the Southeast Asian country.

PV furnace equipment specialist Tempress Systems a subsidiary of Amtech Systems has said it has won an order from a new customer in Taiwan, a repeat order from an existing Taiwanese customer and installed approximately 800MW of its next-generation diffusion systems at a leading Chinese solar cell and module manufacturer.

The Thai government has opened its doors to prospective solar project developers, who have registered their interest in building the first and largest portion of 800MW of PV projects in the country through an auction process.

Major PV inverter manufacturer Sungrow recently held a themed PV summit “Embracing the Thailand PV Industry; Enjoying the Future”. The event brought together government agencies, grid operators, industry companies, financing institutions, technical experts and all interested industry players.

Super Solar Energy group, a wholly-owned subsidiary of Thai utility Superblock PCL, will acquire five solar companies, according to a filing on the Thailand Stock Exchange.

ThomasLloyd CTI Asia Holdings, a wholly-owned subsidiary of global investment banking and investment management group ThomasLloyd, has sold the rights to two solar projects on Negros Occidental in the Philippines with a combined capacity of 80MW.