Shunfeng expands 2016 loss forecast
Shunfeng International Clean Energy (SFCE) expects to record a loss of 2.4 billion yuan ($349 million) for the 12 months to the end of December 2016.
PLB Engineering unit to develop 20 MW in Malaysia
PLB Green Solar — a subsidiary of Penang-based construction group PLB Engineering — has secured approval to build the project from the Malaysian Energy Commission.
AU Optronics finishes Taiwan’s biggest rooftop PV project
The Taiwanese company completed the 9.87 MW installation — which consists of arrays on top of two of its liquid-crystal display factories — in late December.
Neo Solar Power posts $206.9 million net loss in 2016
The Taiwanese PV cell producer partly attributed the NT$6.3 billion ($206.9 million) loss — down from a NT$139 million net profit in 2015 — to the idling of some of its production capacity in China.
SB Energy acquires 30 MW in northern Japan
The Tokyo-based developer and MUL Energy Investment — a unit of Mitsubishi UFJ Lease & Finance — have purchased a project company from conglomerate Marubeni.
RMI calls for ‘action’ on Africa’s PV minigrid market
Solar-powered minigrids could account for a greater slice of sub-Saharan Africa’s $740 million off-grid market, but progress is still needed throughout the region in terms of policy, financing and commercial services, the Rocky Mountain Institute (RMI) says in a new report.
Datang’s profit soars in 2016
The Chinese developer posted a profit attributable to shareholders of 198.2 million yuan ($28.7 million), up sharply from just 13.7 million yuan for the same period a year earlier.
Edra to complete 50 MW in Malaysia by early 2018
The Kuala Lumpur-based independent power producer (IPP) will finish building the project in the state of Kedah by the first quarter of 2018.
Sweden may launch probe into building permits for PV
The Swedish government has signalled plans to start discussions on implementing regulatory changes that could allow homeowners to install PV modules without first obtaining a special permit.
United PV forms investment tie-up
Wholly owned group subsidiary Zhaolian Lvyi has agreed to set up a partnership with China Zheyin Synergy Capital Management to invest in companies that are building solar, wind, hydropower and biomass projects.
