Sharp Energy Solutions Corporation (SESJ), a subsidiary of Japan’s Sharp Corporation, has completed a 1.6MW solar project inside Jakabaring Sports City, a sports complex in Palembang, South Sumatra, Indonesia.
Thailand has filed a complaint with the World Trade Organisation (WTO) requesting consultations with the US over its 30% solar import tariffs and discussions over trade compensation, according to a WTO filing dated 21 June.
Thailand’s B.Grimm Power has signed a cooperation agreement with Vietnam’s Xuan Cau to develop the largest solar PV project in Southeast Asia, standing at 420MW capacity in Tay Ninh, southwest Vietnam.
Sunseap International, a subsidiary of Singapore-based Sunseap Group, has started construction of its 186MW, US$150 million solar farm in Vietnam – claimed to be the largest PV project in the ASEAN region.
Major Thailand-based financier TMB Bank has issued the country’s first green bond, with the World Bank's IFC as the sole investor of the US$60 million bond, the funds of which will be used exclusively to finance climate-smart projects, particularly renewable energy.
US-based investment firm ROTH Capital Partners expects as much as 34GW of solar production overcapacity in China in 2018 as a result of the “stark policy pivot” by the Chinese government, which imposed sector caps and feed-in tariff (FiT) mechanism reductions to drastically cap solar installation growth, last Friday.
The Asian Development Bank (ADB) is providing a roughly US$40 million project financing package for Vena Energy, formerly Equis Energy, to build four solar plants in eastern Indonesia, which are said to be the Southeast Asian country’s first utility-scale PV plants.