Solargiga Energy has recorded a net profit of CNY 107.5 million (US$16.96 million) for the year to the end of December 2017, from a net loss of CNY 239.149 million in the preceding 12-month period.

Canadian Solar has recorded net income of about $99.6 million for 2017, up sharply from the preceding year, as its full-year PV module shipments jumped by roughly 1.6 GW on the year to 6.8 GW.

Risen Energy has revealed it has committed to investing CNY 10 billion (US$1.58 billion) in the expansion of its solar PV cell and module production operations in China since December.

Kumamoto Electric Power, a Japanese power producer and retailer, has launched a new cryptocurrency-mining subsidiary that will primarily draw electricity from solar PV arrays.

The Vietnamese authorities have submitted a complaint to the World Trade Organization (WTO) to request formal consultations with Washington over its recently announced 30% tariff on crystalline silicon PV imports.

A unit of Solargiga Energy Holdings has revealed plans to invest CNY 160 million ($25.2 million) in 1 GW per year of PV module production capacity.

Canadian Solar has signed a credit facility of up to JPY 16 billion ($149 million) with Shinsei Bank to back the construction of a 53.4 MWp solar project in southwestern Japan.

Japanese PV module supplier, Kyocera has announced plans to delist its American Depositary Shares (ADS) from the New York Stock Exchange (NYSE).

The 10 members of the Association of Southeast Asian Nations (ASEAN) are on track to make solar and other renewables account for 23% of the region’s total primary energy supply (TPES) by 2025, but governments will need to create better policy and investment frameworks to make it happen, according to the International Renewable Energy Agency (IRENA).