SolarHome, an off-grid solar firm focused on Southeast Asia, has raised US$5 million to date, having recently closed a US$1 million convertible note offering with impact venture capital firm Insitor Impact Asia Fund.
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German firm Siemens has won a contract to supply inverter systems and other equipment to investment and construction corporation Trungnam Group’s 258MW solar farm in the southern Vietnamese province of Ninh Tuan.
Trungnam Group will use single-axis trackers for a 258MW solar project located in Ninh Thuan Province, Vietnam, which is claimed to be the first tracker-based PV project in the country and the largest with trackers in Southeast Asia.
A joint venture between Thai energy firm B.Grimm Power and Vietnamese conglomerate Xuan Cau Group has awarded Beijing-based PowerChina International Group a contract to build the largest solar PV project in Southeast Asia.
Thai agro-industrial and food conglomerate Charoen Pokphand Foods (CPF) has signed an agreement with local clean energy firm Gunkul Engineering to install a 40MW rooftop solar project at CPF’s manufacturing plants for self-consumption.
Sharp Energy Solutions Corporation (SESJ), a subsidiary of Japan’s Sharp Corporation, has completed a 1.6MW solar project inside Jakabaring Sports City, a sports complex in Palembang, South Sumatra, Indonesia.
Thailand has filed a complaint with the World Trade Organisation (WTO) requesting consultations with the US over its 30% solar import tariffs and discussions over trade compensation, according to a WTO filing dated 21 June.
Thailand’s B.Grimm Power has signed a cooperation agreement with Vietnam’s Xuan Cau to develop the largest solar PV project in Southeast Asia, standing at 420MW capacity in Tay Ninh, southwest Vietnam.
Major Thailand-based financier TMB Bank has issued the country’s first green bond, with the World Bank's IFC as the sole investor of the US$60 million bond, the funds of which will be used exclusively to finance climate-smart projects, particularly renewable energy.