Solar Philippines bids $0.058/kWh in Meralco price challenge
Solar Philippines has offered to provide continuous PV-generated electricity to power distributor Manila Electric Co. (Meralco) at a rate of PHP 2.99 ($0.058)/kWh.
Trump opens the door for specific products, nations to be excluded from tariffs
The U.S. President’s proclamation provides a path for specific products to apply for exemption from tariffs, which had been sought by both SunPower and the government of South Korea. Additionally, imports from a number of developing nations are exempt as long as import levels remain small.
Harbor Star to acquire up to 75 MW solar in the Philippines
A subsidiary of Manila-based logistics firm, Harbor Star Shipping Services has agreed to acquire a 60% stake in Astronergy Development Gensan (ADGI), which owns the rights to build a 25 MW solar project in the Philippines.
Ecoprogetti installs 200 MW PV production line in the Philippines
The Italy-based PV equipment manufacturer is soon to finish commissioning of another South-East Asia project, a 20 MW line in Indonesia, by December 2017.
SunPower: Any trade action should apply to everyone but us
The high-efficiency solar maker asks for Section 201 action to include First Solar’s thin film products, but to exclude its back contact crystalline silicon solar as a unique product.
Solenergy installs first airport PV array in Philippines
Solenergy Systems has completed a 1.64 MW rooftop solar array in the central Philippines.
MRC Allied buys 15% stake in 50 MW PV plant in the Philippines
The Philippines-based property development firm has agreed to invest P225 million ($4.4 million) to acquire a 15% interest in a 50 MW operational PV plant owned by Sepalco, a local corporation engaged in the solar power generation business.
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.
Solar Philippines inaugurates country’s first PV panel factory
Solar Philippines officially opened the country’s first PV module plant with an inauguration ceremony attended by President Rodrigo Duterte earlier this week. It claims the facility in Santo Tomas, Batangas province, will produce 800 MW of solar panels in 2018.
Goldman Sachs, Tennenbaum buy Conergy’s Asia business
A unit of Goldman Sachs and funds under Tennenbaum Capital Partners have jointly acquired Conergy Asia & ME and its subsidiaries from Kawa Solar Holdings.
