Leading South East Asian renewable energy firm Sunseap has received US$10.7 million (SGD$15 million) from the United Overseas Bank (UOB) for commercial solar projects in Singapore.
Atlanta-based solar panel manufacturer Suniva has officially filed for Chapter 11 bankruptcy blaming overcapacity due to a mass influx of cheap solar panels in Asia, undercutting domestic production.
French renewable energy giant Engie has signed an agreement for a 30% equity investment through capital increase in Unisun Energy Group, a Chinese solar PV company.
This week's Movers & Shakers includes a celebration of clean energy with the #CleanEnergyJobs campaign revealing that the industry employs over 3 million Americans to date. The segment also includes NRG and ABB appointing new board members, Germany's KACO expanding into Asian markets and the SEIA hiring Dana Sleeper as its new head of external affairs.
One of Europe’s leading tracker vendors Grupo Clavijo has expanded its footprint into Asia with the 12.56MW Solar One Ceylon solar PV plant in Sri Lanka.
Clenergy, best known for its mounting systems for utility-scale and commercial rooftop solar power systems, has officially listed on the Shanghai Stock Exchange on 12 January 2017 at 5.57 yuan (US$0.81).
Solar product distributor d.light has raised another US$10.5 million, bringing its total to US$40 million in four months for off-grid ventures in Africa and Asia.
Hong Kong-headquartered Asia Clean Capital and the US’ Ten K Solar have signed an exclusive China partnership to develop an anticipated 40MW worth of solar projects within the next 18 months.
