The U.S.-based off-grid specialist will use these financial resources to expand its business in Asia and Africa.
Increasing the role of solar PV in its energy mix from 6 GW to almost 17 GW is one of IRENA’s key recommendations for Thailand. Noting that RE national targets could be comfortably surpassed by a quarter to reach more than 37% by 2036, its report finds more ambitious deployment could save over US$9 billion annually, proving to be a major turning point for the entire economy.
The Chinese group, which operates in the solar sector through its unit Huajun Ectricpower Limited, saw its solar segment achieve a turnover of RMB 545.7 million (US$82.4 million) in the first half of fiscal 2017.
Canadian Solar Inc. has won a contract for 17.87 MWp in Japan’s first auction for large-scale solar projects. A total of 141.3 MW was awarded last month.
The Chinese solar company has terminated the agreement to supply wafers to the U.S. producer after repeated failures by Mission Solar to purchase the required quantities of wafers outlined in the contract.
A Cypark Resources Berhad (CRB) subsidiary has been awarded a 30 MW PV project in Malaysia’s latest solar auction. The country is expected to install 197 MW this year.
The International Solar Alliance has launched three new solar programs: Scaling Solar Applications for Agriculture Use, Affordable Finance at Scale, and Scaling Solar Mini-grids. The programs will be under operations ahead of the ISA’s official accreditation on December 6.
Non-profit organization, Kopernic is providing disaster relief in Bali with the distribution of solar-powered televisions and kits.
India has installed total 1,861 MW rooftop PV as of September 2017 as the state of Maharashtra overtakes Tamil Nadu to become largest for rooftop solar, as per latest report by Bridge to India. Analysts have revised India’s rooftop projection to 10.8 GW by 2021.
Four more countries have ratified the International Solar Alliance (ISA) framework agreement, taking the total number to 19. On Wednesday December 6, the ISA will be established as a legal international intergovernmental body.
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