Integrated PV manufacturer REC Solar is to invest a total of $200 million Singapore dollars (US$182.3 million) in expanding and upgrading production at its facilities in Singapore. The company also plans to invest a further US$50 million in R&D activities at the Solar Energy Research Institute of Singapore (SERIS), with emphasis on a type of PV module.
Singapore-based renewable energy developer and investor Equis has commissioned a 132.5MW solar project, which it claims is Southeast Asia’s largest PV plant, in Cadiz City, Negros Occidental, the Philippines.
One in three off-grid households worldwide will use solar products by 2020, according to a new report from the World Bank and Bloomberg New Energy Finance (BNEF).
‘Silicon Module Super League’ (SMSL) member JinkoSolar is adding 1GW of solar module capacity per quarter through to the end of the first-half of 2016 to meet the ‘minimum’ expected demand for its products.
Renewable energy was the basis of half of all global power transactions last year with 245 deals adding up to US$68 billion and a particular focus on wind and solar, according to a new report from EY.
The Philippines installed a total of 122MW of grid-connected solar PV in 2015, taking its tally to 144MW, up from 22MW the previous year, according to the latest figures from the Philippines Department of Energy (DOE).
Taiwan-based merchant solar cell producer Motech Industries has reported January, 2016 sales reaching a new record high, the fifth consecutive month of record sales.
Specialist PV manufacturing equipment supplier Amtech Systems reported strong order intake in the fourth quarter of 2015 with new order flow continuing into January, 2016 as China-based PV manufacturers expand production at facilities in South East Asia.
Taiwan-based solar wafer producer Green Energy Technology (GET) reported a significant leap in sales for the month of January on the back of higher prices due to industry supply constraints.