China Sunergy has given the full details of its new manufacturing plant in Turkey. The photovoltaic (PV) maker and local partner Seul Energy Investment Corp, a local PV company, has a 150 megawatt (MW) PV module line installed in Istanbul which comes online later this month.
China's first grid connection of a residential photovoltaic (PV) system has been announced in Qingdao, Shandong province. Local authorities said this is the first project to take advantage of a service that the State Grid Corp of China, which transmits and distributes power in the country, introduced to allow small producers of photovoltaic solar power to connect to the national grid from the start of November, according to the China Daily.
New York-listed Chinese solar products maker Yingli Green Energy Holding has announced last week that it had teamed up with China Longyuan Power Group to deliver 22,209 pieces of off-grid solar units to Tibetan households with no access to electricity.
SMA Solar – the world’s biggest maker of PV inverters – has cemented its position in the increasingly vital Chinese market by taking a majority stake in a local business.
Nasdaq-listed Hanwha SolarOne has secured a USD475 million one-year credit line from the Bank of Beijing to boost its business in China. Each individual project drawdown on the loan is subject to conditions and approval by the bank, according to the company.
Sinohydro Group Ltd, China’s biggest hydroelectric dam builder, have set aside 1.36 billion yuan (USD218 million) to develop solar and wind farm projects, according to Bloomberg.
JinkoSolar, a leading global solar power product manufacturer, has signed a strategic cooperation agreement with Jinchuan Group, a Chinese state-owned enterprise, to jointly invest and develop a 200-MW photovoltaic ("PV") solar power plant in Jinchang, Gansu Province, China. Once connected to the grid, the project will become one of the Asia's largest independent PV solar power plants.
China’s State Council on Wednesday announced a range of measures intended to boost the country's struggling photovoltaic (PV) industry, which has been plagued by excessive capacity and obstacles in overseas expansion, according to Xinhua.
Ninety percent of China’s polysilicon producers have suspended their manufacturing operations according to The China Photovoltaic Industry Alliance (CPIA).
Just as China's Ministry of Finance has said it plans to pay CNY8.6 billion (USD1.4 billion) in subsidies for electricity generated from renewable power this year, the central government said it was shaking up the solar feed-in tariff (FiT).
Japan’s renewable energy capacity has increased by 1.443-GW so far this financial year, according to figures released by the Japanese Ministry of Economy, Trade and Industry (METI). In the nine months leading up to December solar PV output hit 1.398-GW.
Japan’s new feed-in (FiT) tariff has so far benefited the Japanese residential sector with an additional 1.027-GW, while the non-residential sector installed 371-MW.
Indian solar developer Raasi Green Earth Energy, has won a INR9.2 billion (USD 169 million) deal build a a 100-MW, Solar PV farm in Tamil Nadu, according to the Hindu newspaper.
Malaysia’s ambitions to become a manufacturing center for solar power systems are being fulfilled, at least partially, by growing local demand and the explosion of the Japanese solar market.
Spurred on by favorable government policies and incentives, several Asia-Pacific countries outside of China – such as Thailand, Indonesia, Japan, the Philippines, and Malaysia – have begun to make large-scale investments in solar power projects, according to a new report by Frost & Sullivan.
The prospects are also attracting the attention of manufacturers in the US and Europe, which are scouting for newer markets in which to conduct business, following the oversupply of solar panels at home.
The Chinese government may almost double the target for installed solar capacity to 40-GW by 2015 from the current 21-GW, an industry insider has told Xinhua. The exact figure is yet to be finalized, said Meng Xiangan, deputy Board Chairman of the Chinese Renewable Energy Society (CRES).
This will be the fourth time the target under China’s 12th Five-year Plan has been raised. When Premier Wen Jiabao outlined the plan in March last year the solar installation target was just 5-GW
Japanese telecoms giant, turned green-energy provider, Softbank Corp has announced that it will use the rooftops of peoples’ homes to generate solar energy and tap into the generous feed-in-tarrifs offered by the Japanese government for renewable power.
India’s Business Standard reported yesterday that authorities have assessed the potential for renewable energy in the state of Odisha (formerly Orissa) at 11.82-GW and will be looking at private funding to help tap it.
China’s announcement this week that it would allocate 7 billion yuan (USD1.1 billion) in subsidies for domestic solar companies this year has sent solar stocks across the globe sharply up while throwing a lifeline to embattled domestic solar companies.
Chinese manufacturer Yingli Green Energy yesterday announced that it expects to supply approximately 10 percent of the 2,835-MW modules to PV projects jointly approved by the Ministry of Finance (MOF), Ministry of Science and Technology and National Energy Administration under China’s Golden Sun Program.
The three departments released a joint statement yesterday announcing the figures for the second batch of projects under the three-year-old program.
This report by the World Bank spells out what the world would be like if it warmed by 4 degrees Celsius, which is what scientists are nearly unanimously predicting by the end of the century, without serious policy changes.
Companies in Asia reveal expectations that regulations that could lead to rising costs for reporting and reducing GHG emissions will also be the main sources of climate-related business opportunities.
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