Having already guided expected GAAP net losses of US$145-195 million for 2020, high-performance PV manufacturer, SunPower is planning to make operating cuts to save around US$50 million, due to ongoing impact of COVID-19 and has withdrawn previous financial guidance for the year.
With the spin-off of most of its solar cell and PV module manufacturing operations to new entity Maxeon Solar Technologies (MXT) expected in Q2 2019, SunPower shed new light on the planned capacity expansions of the new offspring in its fourth quarter earnings call.
Major Filipino power firm Aboitiz Power Corp is in early-stage planning to invest nearly PHP34 billion in around 1GW of wind and solar power in Pangasinan.
Managing director recounts EPC's journey to the heart of Malaysia's current large-scale solar boom and lays out expansion plans in Vietnam and the Philippines.
The completed project for Jentec Storage is the latest in a flurry of C&I activity by Total's solar distributed generation arm in the region, including a contract to supply rooftop PV to an airport that will cater to Indonesia's future capital Borneo.
APAC Director of Projects spells out how new solar distribution centre in the Philippines fits in BayWa r.e.’s broader plan to become renewable frontrunner in Asia-Pacific.
The equity transfer comes weeks after Meralco launched a 2MW/2MWh battery electric storage system 50km north of Manila that will work to stabilise energy from a 3.8MW solar farm.
TPC Construction partners with local firm Amatera Renewable Energy Corp to build 50MW project near Bacolod city, with search now underway for investor backers.
