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.
Philippines government backs construction of 150 MW solar farm
The Department of Energy for the Philippines has issued support for proposed Concepcion Solar Farm for the province of Tarlac as part of government’s push to energize all households by 2022.
Four more Chinese solar manufacturers withdraw from minimum price agreement
Jetion Solar, Hareon Solar and GCL Technology requested to withdraw from the minimum price agreement in October. The three companies, as well as Talesun Solar, are now excluded by Brussels from the undertaking.
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.
Longi’s solar module embrace supercharges its 2016 profit and revenue
The Chinese solar company’s new module business underpins strong 12 months for the firm, with revenues rising 94% year-on-year and net profit soaring by 197% over the same period.
JA Solar posts 16% revenue, 25% shipment year-on-year increase in 2016
A solid fourth quarter ended a good year for the Tier-1 Chinese solar company, where shipments topped 5.2 GW and revenue reached $2.3 billion.
NEXTracker expanding manufacturing operations in India
The solar tracking specialist has signed expanded partnership deals with five local companies that will increase the volume of its steel produced locally to 80%, thereby lowering shipments into India by as much as 50%.
CGN New Energy’s profit narrows in 2016
The Chinese independent power producer’s profit attributable to shareholders plunged 23.5% year on year to $79.5 million, as revenue slid 6.7% to $1.07 billion in the 12 months to the end of December.
Malaysian PV investment hits $544 million in 2016
The Malaysian Investment Development Authority (MIDA) approved 2.42 billion ringgit ($544 million) of solar investments in the 12 months to the end of December.
Solargiga anticipates 2016 loss
The Chinese PV manufacturer expects to record a “substantial loss” for the year to the end of December.
