Sharp Corporation, through its Thailand subsidiary company Sharp Solar Solution Asia, has signed off on an agreement to develop rooftop PV projects for Big C, one of Thailand’s largest hypermarket retailers, through Impact Solar.
Ho Chi Minh City-based conglomerate TTC Group plans to spend up to US$1 billion on 10 to 20 solar parks with a combined capacity of around 1GW, according to Bloomberg.
A consortium of international chambers of commerce has advised the Vietnamese government that its draft solar PPA template is “non-bankable” and cannot attract financing for PV in Vietnam, particularly for medium and utility-scale projects, according to documents seen by PV Tech.
China and India have surpassed the United States as the most attractive countries for investment in renewable energy projects following a marked shift in policy by President Trump, according to global consultancy EY.
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.
The Ministry of Industry and Trade of Vietnam (MOIT) has released a draft circular containing guidelines on how to develop solar PV in the country, but has failed to address a range of issues that could impact large-scale project bankability, according to analysis from multinational law firm Baker McKenzie.
The International Finance Corporation (IFC) was said to have announced that it will invest up to US$60 million in Malaysian PV company Jinko Malaysia, according to Deal Street Asia.
