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One of the largest in Southeast Asia, the solar power project will produce enough electricity to power 287,500 local households.
The Portuguese solar group has implemented a total of 29 MW in the country since 2012. The latest installation represents its sixth project with Rengy Development.
By acquiring the eighth-largest residential solar installer in the United States, Direct Energy and parent company Centrica plc have moved into the U.S. solar PV market. This is part of a trend of acquisitions in this space.
California Governor Brown signs MOU with Mexico to encourage cross-border renewable energy development
Non-binding agreement calls for work in renewable energy R&D, deployment and investments in infrastructure, as well as exploring grid integration between California and Baja California.
The District Court of Aachen has opened the main insolvency proceedings against the group due to its inability to meet its liabilities. Preliminary proceedings began in June at the request of a creditor.
CEO Tom Werner says SunPower's ownership strategy provides it with a return on investment from its technology while reducing the risk to potential buyers if it later sells the plant.
Although PV installations in Germany produce less electricity than onshore wind installations, they generate "significantly higher profits," according to a new report by the Fraunhofer Institute.