Australian states outpacing feds with solar, wind plans — report
Australia’s states and territories have taken the lead in the country’s push to deploy renewables such as solar, as well as storage, despite a lack of action at the federal level, according to a new report.
Itochu to develop 507 kW array with storage in Indonesia
Japanese trading firm Itochu has revealed plans to install 507 kW solar on the roof of a new mall in Jakarta, Indonesia.
Dohwa breaks ground on 49.5 MW in Vietnam
South Korea’s Dohwa Engineering has begun the construction of a 49.5 MW solar array in central Vietnam.
GCL-Poly Energy H1 profit edges down to $181 million
GCL-Poly Energy’s profit attributable to owners of the company fell 13% year on year in the first half of 2017 to CNY 1.19 billion ($181.3 million), as declining wafer prices offset gains made by its PV project business.
Barclays backs 14.5 MW in Japan with $42 million of project bonds
Barclays has facilitated the sale of JPY 4.67 billion ($42.2 million) of project bonds to support the development of 14.5 MW of solar projects in western Japan.
Ontario launches green fund with initial $298 million investment
The authorities in the Canadian province of Ontario have announced the launch of the Green Ontario Fund, with the nation’s leading PV industry body hailing the new scheme as a potential boon for future solar deployment.
Panda Green posts $41.9 million profit in H1
Panda Green Energy has recorded a profit of CNY 277 million ($41.9 million) for the first half of 2017, up 7% year on year, as it expanded its aggregate installed PV capacity by 468.1 MW.
ADB proposes new approaches to financing energy projects
Governments of cash-strapped developing nations should start exploring a range of innovative financing solutions to support the development of environment-focused infrastructure projects such as financially bankable solar installations, the Asian Development Bank (ADB) says in a new report.
Hareon posts $76.07 million net loss in H1
Hareon Solar Technology has reported a net loss of CNY 501.5 million ($76.07 million) in the first half of 2017.
Huadian Power posts $27.5 million H1 loss
Huadian Power International (HPI) has recorded a loss attributable to shareholders of CNY 181 million ($27.5 million) in the first half, despite revenue of CNY 36,423 million, up 24% year on year.
