Asia Pacific’s Average Solar LCOE At 7% Premium To Coal In 2022
Utility Scale Solar & Onshore Wind LCOE In Asia Pacific Increased Significantly In Last 2 Years And These Continue To Battle Volatility Risks: Wood Mackenzie
Even though the focus on renewable energy gets stronger in Asia Pacific, coal will remain the cheapest new-build power generation option in the region until 2024 according to Wood Mackenzie.
Expect 7 GW Worth Corporate PPAs In Asia Pacific In 2022
Price Matters, Says Wood Mackenzie In A New Report Exploring RE Procurement Market In Asia Pacific
Driven by their decarbonization targets and the falling levelized cost of electricity (LCOE) for utility scale, commercial solar and onshore wind vis-à-vis other fuels, corporates in the Asia Pacific region are expected to contract a record 7 GW ren.
REC Expands APAC Leadership
Ex-LG Electronics Solar Senior Executives Join REC’s APAC Senior Management Team
Norway headquartered solar cell and module manufacturer REC Group has expanded its senior management team for APAC bringing in former LG Electronics Solar Division executives Ian Lee and Gus Paviani to lead its sales and marketing division.
Joint Venture For 1 GW Solar In Asia
ACEN & IB Vogt Join Hands To Construct Large Scale Solar Power Projects In Asia
The listed energy platform of Ayala Group of the Philippines, ACEN will launch a joint venture (JV) with German solar plants developer and EPC company ib vogt to fund the construction and operation of at least 1 GW of large scale solar projects in Asia Pacific.
India’s ‘Largest’ Floating PV Facility Online
NTPC Commissions 25 MW As India’s ‘Largest’ Floating Solar PV Facility On 2 GW Simhadri Thermal Station Reservoir In Andhra Pradesh
Government owned electricity utility NTPC Ltd has commissioned a 25 MW floating solar PV facility in Vishakhapatnam, Andhra Pradesh, calling it the country’s ‘largest’ such project.
India PV News Snippets: NHPC, MNRE, MoP, Hydrogen
NHPC Launches EPC Tender For 100 MW Floating PV; MNRE Updates ALMM List & Issues Benchmark Costs For Rooftop & Decentralized Solar; Indian Power Ministry Seeking Feedback On Draft Renewable Energy Electricity Rules; India Announces National Hydrogen Mission
EPC tender for 100 MW floating solar: Indian hydropower producer NHPC Limited has called for bids from EPC service providers to implement 100 MW floating solar PV capacity in Odisha’s Angul district. It will come up atop Rengali Reservoir.
China PV News Snippets: Clenergy, Open-Pit, Yongwei, Zhenen
Clenergy Wins 200 MW PowerChina Bid; Open-Pit Coal To Build 400 MW PV Project; Tongwei Announces Aug Cell Prices; Zheneng & Akcome Sign Investment Agreement; Ourhouse HJT Solar PV Project Begins
Clenergy wins 200 MW PowerChina bid: Power Construction Corporation of China (PowerChina) announced that Solar PV mounting and tracker system supplier Clenergy has won the bid for its 200 MW PV power station project in Duozhu.
China PV News Snippets: IRICO, Huawei, Jiawei, Three Gorges
IRICO To Raise RMB 2 Bn For Ultra-Thin PV Glass; Huawei Establishes One More Digital Energy Company; Jiawei Subsidiary To Sell 90% Stake In Jinchang Plant; Three Gorges Partners With Shaoguan
IRICO to raise RMB 2 bn for ultra-thin PV glass: Solar PV glass producer IRICO Group New Energy stated its plans to raise RMB 2 billion ($0.31 billion) for the development of a ultra-thin, high-transmission photovoltaic glass production project.
China PV News Snippets: Shuangliang, Asia Silicon, LONGi
Shuangliang To Raise RMB 3.5 Bn For 20 GW Silicon Project; Asia Silicon Plans 40,000 Tons Semi-Grade Silicon Fab; Zhonghuan Semiconductor Announces Aug Wafer Prices; Longi Lights Up Malawi School
Shuangliang to raise RMB 3.5 bn to build 20 GW silicon project: Chinese Production Equipment Maker Shuangliang Eco-Energy announced that it intends to raise RMB 3.5 billion ($0.54 billion) for the construction of Phase 1 of the 40 GW monocrystalline .
India PV Snippets: MNRE, CleanMax, RUMSL, Tata Power Solar
MNRE Says India Exceeds 100 GW Installed Renewable Energy Capacity; Augment Infrastructure To Acquire Majority Stake In CleanMax; Tata Power & Aljomaih Energy Win RUMSL’s 500 MW Auction; Tata Power Solar Wins SECI’s 50 MW PV+50 MWh Project In Leh
India achieves 100 GW RE milestone: RK Singh, the Minister heading the Ministry of New and Renewable Energy (MNRE), has announced India’s installed renewable energy capacity has grown to exceed 100 GW.
China PV News Snippets: Xinte, Concord, Jolywood, Parknx
Xinte To Raise RMB 2.2 Bn For Silicon Plant; Concord Announces 2021 Interim Results; Changzhou Parknx To Build 8 GW PV EVA Project; Jolywood Partners With Anxing For Rooftop PV Project
Xinte to raise RMB 2.2 bn for silicon plant and solar & wind projects: Xinte Energy announced that it has entered into a subscription agreement with its main shareholder TBEA, a Chinese transformer and inverter company.
Solar Glass Manufacturing Plans Announced In India
Indian Glass Maker Asahi India Glass & Solar Backsheet Producer Vishakha Group To Invest In Solar Glass Production In India, With Plans To Build Phase I Capacity To Cater To 3 GW Solar Power Plants
India is gearing towards setting up an integrated solar production supply chain with several companies announcing their plans to venture into or expand solar PV manufacturing.
Uzbekistan May Increase Renewable Energy Targets For 2030
Solar PV Target By 2030 For Uzbekistan May Increase To 7 GW, Inspired By ‘Hidden Potential’ In Renewables Sector & Growing Demand For Energy
The Ministry of Energy in Uzbekistan is contemplating an upward revision of the country’s renewable energy target for 2030, aiming to grow beyond the currently adopted targets under its Strategic Energy Plan 2020-2030, according to which it aims to.
Bangladesh Planning 100 MW Solar Power Plant In Jamalpur
Rural Power Company To Build ‘Biggest’ Solar Power Plant Of Bangladesh With 100 MW Capacity In Jamalpur; To Be Funded With Line Of Credit From India’s Exim Bank: Media
The Executive Committee of the National Economic Council in Bangladesh has approved the proposal of a 100 MW solar power plant to be set up in the country. This would be the ‘biggest’ PV project for the nation.
China PV News Snippets: GCL Energy, China FV, Autowell
GCL Energy Complete 5.6 GW Of Solar Plants; China FV Partners With Dangyang For PV Projects; Autowell Wins Bid For 5.2 GW JinkoSolar Module Fab; Jinkosolar And TJAD Join Hands For BIPV
GCL Energy complete 5.6 GW of solar assets, eyes hydrogen: GCL New Energy recently announced the completion of solar power plant assets with a total capacity of over 5.6 GW.
India PV News Snippets: BTI, Kajaria, CESL
Bridge To India Says India’s Total C&I Renewable Generation Capacity Exceeds 17 GW; Kajaria Ceramics To Invest INR 2.64 Million For Captive Solar Plant; CESL Tender For Solar Carport & Rooftop Project At Leh
India’s C&I RE capacity well over 17 GW: A Bridge to India (BTI) report titled India Corporate Renewable Brief Q1/2021 notes the country’s total installed commercial and industrial (C&I) renewable energy generation capacity in Q1/2021 gre.
China PV News Snippets: Huanghe,Huaneng
Huanghe Hydropower Signs 2.2 GW Multi-Tech PowerPlant Project; Huaneng Power To Invest RMB 924 Mn In PV Projects
Huanghe Hydropower signs 2.2 GW multi-technology power plant project: Huanghe Hydropower Development, a large energy company controlled by China’s State Power Investment Group, announced that it has signed an investment agreement about energy .
China PV News Snippets: Zhongli, Maxwell, Sungrow, Northwest
Zhongli & China Huadian Sign Cooperation Agreement; Maxwell To Raise RMB 2.8 Bn For HJT Project; Sungrow Partners With China Gezhouba; Northwest Power To Invest 10 Bn In Clean Energy Projects; Guangdong Electric & Huangnan Tibetan Partner For 3 GW PV Project
Zhongli & China Huadian sign cooperation agreement: Solar module supplier Zhongli Group announced signing a strategic cooperation framework agreement with China Huadian Corporation Hebei Branch to develop the ‘new energy market’ in Hebei Province.
Financial Closure For 145 MW AC Floating PV Project
1st Indonesian Floating Solar Power Plant Achieves Financial Closure; Masdar & PT PJBI Start Construction For 145 MW AC Cirata Facility
The maiden floating solar power plant planned to come up in Indonesia with 145 MW AC capacity has achieved financial closure of undisclosed amount, with financing arranged through Sumitomo Mitsui Banking Corporation, Societe Generale and Standard Chartered Bank.
India PV News Snippets: REC, RUMSL, Tata
RECPDCL Launches 125 MW Solar Tender; RUMSL’s 500 MW Solar Tender Oversubscribed By 7 GW; Tata Power-DDL Claims Meeting 100% Renewable Purchase Compliance; ACME Solar Raises $334 Million Through Offshore Green Bonds
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