asia

LONGi has signed a letter of intent to supply what it calls “advanced modules” for a number of solar projects in Indonesia.

A report from the ADB has found that additions to the renewable manufacturing sectors in Southeast Asia could deliver up to US$100 billion.

Floating PV (FPV) developer Sungrow FPV will supply floating systems to a 192MW project in Indonesia, which it has said will be the largest floating installation in the country.

Seven key Asian countries collectively saved approximately US$34 billion in fossil fuel costs in the first half of 2022 through solar generation, according to research from Ember, the Centre for Research on Energy and Clean Air (CREA) and the Institute for Energy Economics and Financial Analysis (IEEFA).

JA Solar is forecasting to ship as much as 40GW of modules this year as it expects its n-type cell capacity expansion to deliver next year.

Total Eren has commissioned a 131MWp solar project in Uzbekistan, the independent power producer’s first to exclusively use bifacial modules.

Management firm Mirova has acquired solar finance business SunFunder in a push to expand its investment platform in emerging markets.

Off-grid solar specialist Sun King has raised US$260 million in a Series D funding round aimed to expand global access to affordable solar energy across Africa and Asia.

French energy major TotalEnergies and Japanese oil company Eneos have formed a joint venture (JV) to develop 2GW of decentralised solar capacity across Asia over the next five years.

Major capacity additions in Asia’s non-hydropower renewables sector will facilitate the region's ability to supply electricity amid rising power consumption needs, which look set to outpace all other regions as economies continue to expand after the easing of COVID-19 restrictions, according to a Fitch Solutions’ report.