Renewable energy was the basis of half of all global power transactions last year with 245 deals adding up to US$68 billion and a particular focus on wind and solar, according to a new report from EY.
The Philippines installed a total of 122MW of grid-connected solar PV in 2015, taking its tally to 144MW, up from 22MW the previous year, according to the latest figures from the Philippines Department of Energy (DOE).
Taiwan-based merchant solar cell producer Motech Industries has reported January, 2016 sales reaching a new record high, the fifth consecutive month of record sales.
Specialist PV manufacturing equipment supplier Amtech Systems reported strong order intake in the fourth quarter of 2015 with new order flow continuing into January, 2016 as China-based PV manufacturers expand production at facilities in South East Asia.
Taiwan-based solar wafer producer Green Energy Technology (GET) reported a significant leap in sales for the month of January on the back of higher prices due to industry supply constraints.
Taiwan-based merchant solar cell producer Solartech Energy Corp reported almost a 10% decline in sales for January, 2016, marking a line under record sales achieved in December, 2015.
Asia-based polysilicon producer Tokuyama Corp said it would take a one-time impairment charge of ¥123.4 billion (US$1.02 billion) on its two polysilicon plants in Malaysia as ASPs were lower than expected and not inline with previous business guidance.
The second-largest Silicon Module Super League (SMSL) member, Canadian Solar has secured US$70 million in loans and equity investment from the International Finance Corporation to support its previously announced plans to establish a 300MW module assembly plant in Vietnam and production plants elsewhere, such as Brazil.
The International Solar Alliance (ISA), spearheaded by India, is about to take shape with Indian prime minister Narendra Modi and French president Francois Hollande due to lay a foundation stone for the new ISA headquarters in Delhi on 25 January.
