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Singapore

REC Group sees strongest third quarter ever

Norway headquartered REC Group has become the latest solar manufacturer to post increased module shipments for the third quarter of 2017, as global demand continues to be buoyed by massive installations in China and a rush for U.S. projects to procure modules.

responsAbility and Cleantech Solar will develop rooftop solar in Asia

responsAbility and Cleantech Solar have signed an agreement for $20 million to finance rooftop solar energy for commercial and industrial customers in South-East Asia and India.

Singapore announces 50 MW rooftop PV tender

Singapore’s Housing and Development Board has launched its latest tender for 50 MW of new PV capacity under the SolarNova program. This will be largest tender so far in the SolarNova series, involving several new government agencies.

Equis Energy snapped up by GIP in record $5bn renewables deal

The Singapore-based renewable energy developer has agreed to be sold to investment fund Global Infrastructure Partners. China Investment Corp, Canada’s PSP Investments and other co-investors are also involved in the deal, which is the largest yet seen for the renewable energy industry.

Singapore to receive $18m solar and storage research boost

The country’s Energy Market Authority (EMA) has awarded two research grants to various consortia and higher education establishments specifically to support improvements in Singapore’s solar power forecasting abilities, in addition to the creation of a test-bed for developing energy storage capabilities.

A*Star researchers develop technique for cheaper solar cell production

A*Star researchers, in a bid to find an alternative to silicon-based solar cells, are investigating a new material that is more cost-effective and easier to produce that could also lead to more efficient solar cells.

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GIC announces undisclosed investment in Japan’s JRE

GIC Private Ltd., Singapore’s sovereign wealth fund, has said that one of its affiliates will become a corporate partner in GS Renewable Holdings GK, the parent of developer Japan Renewable Energy (JRE).

Equis chooses Bouygues, Toho for 41 MW in Japan

Equis Energy has selected a unit of France’s Bouygues Construction and Tokyo-based Toho Electrical to provide EPC services for a 41 MW solar project it is developing in Japan.

Banpu invests $55.6 million in Sunseap

Banpu, Thailand’s biggest coal miner, has invested S$75 million ($55.6 million) in Singapore-based PV group Sunseap.

Sunseap signs 25-year PPA for 5 MW in Singapore

Singapore’s Sunseap Group has agreed to sell PV-generated electricity to ST Kinetics over a 25-year period across five locations in the Southeast Asian city-state.

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