Singapore

A unit of Goldman Sachs and funds under Tennenbaum Capital Partners have jointly acquired Conergy Asia & ME and its subsidiaries from Kawa Solar Holdings.

“This agreement accelerates our mission to put as much solar in the ground as soon as possible”

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.

The Norwegian solar manufacturer has awarded the CHF 12 million contract to Swiss equipment firm Meyer Burger to supply its DW 288 Series 3 diamond wire cutting technology. Shipment will start in Q3.

Chinese Tier-1 solar company JinkoSolar is embarking on a research collaboration with the Solar Energy Research Institute of Singapore to develop high-efficiency bifacial solar cells.

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.

United Overseas Bank (UOB) has offered the financing package to support a handful of PV installations that Sunseap is building in Singapore.

Norway’s PV manufacturer REC has begun commercial production of what it claims to be the highest power 72-cell multicrystalline solar panel in the world, with nominal output of 350 Wp.

The Singapore-based PV manufacturer is taking the uniformly black-colored version of its TwinPeak solar module to the factory floor.