A unit of Goldman Sachs and funds under Tennenbaum Capital Partners have jointly acquired Conergy Asia & ME and its subsidiaries from Kawa Solar Holdings.
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.
Sharp Solar Solution Asia (SSSA), a unit of the Japanese group, will install solar panels on top of stores owned by Bangkok-based hypermarket retailer Big C. The two companies are now discussing the possibility of expanding the agreement to include an additional 11 MW of PV capacity.
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.
The Chinese inverter manufacturer ships CP2000 Station-S compact central inverters to three 5 MW sub-plants of a 20 MW solar farm in Thailand. Fourth sub-plant completed with Growatt’s string inverter.
The Bangkok-based company acquired the rights to build and run a 154.98 MW solar array in Onikobe, Miyagi prefecture.
The U.S.-headquartered producer of thin film modules collaborated with Thai renewable energy developer Prime Road Group to supply its modules to four separate solar farms in Thailand.
Siam Commercial Bank plc (SCB) and China Minsheng Bank will jointly provide the manufacturer with a US$210 million loan to finance its new production facility in Thailand.
It was not a pretty year for solar finance, but some sectors remained unscathed.
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