Marubeni to double global renewables portfolio in shift from coal

Marubeni has revealed plans to halve its 3 GW global coal-fired power portfolio by 2030, and double its holdings of renewable energy within the next five years.

Japan auctions 197 MW in second PV tender

The Japanese Government has wrapped up its second of three planned solar auctions, with nine companies winning the rights to build a total of 196.96 MW of commercial PV capacity.

Roshow to buy stake in Chinese developer for $218.4 million

Chinese industrial group, Roshow Technology has revealed plans to purchase a 92.3% stake in Shunyu Jieneng Keji, a PV project developer, in an asset restructuring deal valued at CNY 1.5 billion ($218.4 million).

China’s Akcome to sell 503.5 MW of solar to ZPEG

China’s Jiangsu Akcome Science and Technology has revealed plans to sell 503.5 MW of solar to Zhejiang Provincial Energy Group (ZPEG), as it struggles to rein in its debts.

Lion Point Capital offers $250m to support Canadian Solar’s go-private bid

Shares of Canadian Solar soared earlier this week after U.S. investment firm Lion Point Capital revealed that it had initiated discussions with a number of undisclosed third parties about the possibility of funding the privatization of the solar PV module supplier.

Japanese government hails new quality guidelines for PV projects

The Japanese government said the recent publication of a quality-evaluation guide for solar projects will ensure the long-term sustainability of the country’s PV sector, partly by improving maintenance standards, while serving as a potential boon for investment in the relatively dormant secondary market for operational installations.

Japan’s PV sector should focus on future energy mix target — report

The Japanese PV industry should respond to the government’s recent decision to leave its 2030 energy mix targets unchanged by pushing for a higher share of solar in the next version of the country’s strategic energy plan, according to a new report.

South Korea to set new PV construction rules after landslide destroys array

The South Korean government has revealed plans to introduce new environmental guidelines and rules on where PV projects can be built, following a public outcry after a landslide smashed into an operational solar array south of the city of Daegu.

Kyocera to supply batteries, home energy systems for virtual power plant in Japan

Kyocera will participate in a new project in northern Japan to test how flexibly electricity suppliers can respond to fluctuations in energy supply and demand.

Japanese government must be more unified in pursuit of PV goals — report

The Japanese government is steadily working toward the release of the country’s fifth strategic energy plan, but it needs to work with the private sector more effectively to promote the deployment of solar over the coming decades, according to a new report. 

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