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Eurus enters Chilean PV with 18 MW acquisition

Japan’s Eurus Energy has entered the Chilean solar market by purchasing 18 MW (AC) of operational PV capacity in the South American country from Spanish renewables developer Grenergy Renovables.

Banpu invests $55.6 million in Sunseap

Banpu, Thailand’s biggest coal miner, has invested S$75 million ($55.6 million) in Singapore-based PV group Sunseap.

Australia added 40.3 MW of small-scale PV in August

Australian homeowners and businesses installed 40.3 MW of small-scale solar capacity in August, up roughly 30.6% from the preceding month, according to figures from the nation’s Clean Energy Regulator.

LongiTech to raise $36.5 million in share placement

LongiTech Smart Energy aims to generate aggregate net proceeds of HK$285 million ($36.46 million) via a new share placement in Hong Kong.

Renova to build 21.6 MW in central Japan

Japanese renewables developer Renova has wrapped up financing for a 21.6 MW solar array it plans to construct in Mie prefecture, near the Japanese city of Nagoya.

Vietnam to launch PV auctions with World Bank

The Vietnamese authorities, in cooperation with the World Bank, have revealed plans to launch a pilot auction program for solar projects, according to a local media report.

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Solar Frontier sells 28 MW to Capital Dynamics

The U.S. subsidiary of Japanese thin-film PV manufacturer Solar Frontier has sold off 28 MW of solar capacity to a unit of Swiss asset manager and renewables investor Capital Dynamics.

GPP moves forward on 225 MW in Cambodia

Global Purify Power (GPP), a Phnom Penh-based developer backed by a group of Southeast Asian investors, has started building the first 15 MW phase of a planned 225 MW solar rollout in Cambodia.

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LongiTech posts $7 million profit in H1

LongiTech Smart Energy Holding has recorded a profit attributable to the owners of the company of CNY 45.76 million ($7 million) for the first half of 2017, up 8.5% year on year, as it rapidly expanded its core PV development and smart-energy management businesses.

Adani to begin work on 170 MW Australia project

A unit of Indian conglomerate Adani will start building the first 65 MW phase of a planned 170 MW solar installation in the Australian state of Queensland by the end of this year.

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