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.
Korea Rural Community Corp. has revealed plans to build up to 280 MW of floating solar capacity at three sites in South Korea by 2019.
The South Korean solar developer will install a 2.67 MW floating solar farm on the Deoku Reservoir that will rotate to track the sun’s rays throughout the day, delivering a 22% increase in harvest, the company claims.
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.
Researchers at the Ulsan Institute of Science and Technology (UNIST) in South Korea have announced the development of a method to produce perovskite solar cells, which the University says could contribute to commercialization of the technology.
The South Korean solar company posted record revenues and module shipments last year, increasing 34.8% and 55% respectively year-on-year.
The German firm signs framework agreement with DNE Solar for the delivery of 300 MW of string inverters to be installed across South Korea.
SunEdison Semiconductor has agreed to allow the transfer of intellectual property to the world’s largest polysilicon and wafer maker, which is seeking to develop FBR polysilicon.
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