Australia’s Redflow seeking AU$14.5m, shifts focus to lead-acid replacement market
Australian stock exchange-listed battery maker Redflow has announced a AU$14.5 million ($11.25 million) funding round, as the Brisbane-based company takes its manufacturing base offshore and turns its attention to a market “sweet-spot” including the off-grid, telecom, commercial and industrial sectors.
Philippine developer MRC Allied unveils 1 GW renewable energy target
The property firm aims to reach that figure within five years, beginning with the commissioning of a 160 MW solar pipeline this year.
APVIA sees steady Q1 growth in Asian PV
The expansion of the Asian solar market in the first quarter of 2017 was broadly similar to the growth seen in the first quarter of last year, although most countries in the region have yet to reveal official installation statistics for the January-March period, the Asian Photovoltaic Industry Association (APVIA) said in a new report.
AC Energy acquires renewable energy development platform
The Philippine conglomerate Ayala Corporation’s energy-focused arm AC Energy Holdings Inc. has taken control of Bronzeoak Clean Energy (BCE) and San Carlos Clean Energy (SCCE).
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.
Phoenix Solar awarded rooftop PV contract in the Philippines
German PV system integrator is to built four more PV rooftop systems on the island state. In 2016 Phoenix Solar already completed two solar projects in the Philippines.
