China Singyes Solar Technologies will likely post a sharply lower profit in the first half of 2017 than it did during the same period a year earlier, partly due to a lack of disposal gains on its solar projects.
Smart Solar has started constructing a 34.45 MW solar project in southwestern Japan, as part of a broader JPY 12 billion ($109.8 million) plan that could expand to a total of 54 MW of PV capacity.
The enthusiastic response earlier this month to Malaysia’s second competitive auction for large-scale PV projects highlights the country’s growing importance as a destination for clean-energy investment, with non-hydro renewables capacity to rise from 1.4 GW last year to 3.4 GW by 2026, according to a new report.
The island of Bali could produce as much as 115,371.9 GWh of electricity per year — far above its projected requirement of just 4,992.7 GWh per year by 2019 — and solar offers the greatest potential for future development, according to a new report by the Asian Development Bank (ADB).
Standards Australia wrapped up public consultation last week on a draft standard for battery storage, setting the stage for the development of a comprehensive framework for future deployment.
China Datang Corporation Renewable Power’s net profit more than doubled in the first half of 2017 to CNY 541.77 million ($81.2 million), as utilization hours of its solar projects rose from from the preceding year.
GCL New Energy will likely post a profit of CNY 450 million ($67.4 million) in the first half of 2017, from a profit of just CNY 147 million a year earlier, as it connected 1.04 GW of new solar capacity to the grid.
Japan’s New Energy and Industrial Technology Development Organization (NEDO) has started operating a microgrid powered by a 1 MW solar array in western India.
Japanese asset manager Sparx has reported a profit attributable to owners of the company of ¥460 million ($4.15 million) in the first quarter of the current fiscal year, as it connected roughly 20 MW of new PV capacity to the grid.
Beijing Enterprises Clean Energy (BECE) expects its consolidated net profit to soar by 700% to 800% year on year in the first half of 2017, based on a preliminary review of its unaudited results.
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