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ITOCHU Announce Distributed Solar Power Supply Projects in Asia

ITOCHU Corporation (headquartered in Minato-ku, Tokyo; announced today that it will cooperate with solar power generation solution companies to install solar photovoltaic (PV) generation facilities on the roofs of its customers’ distribution and retail stores, factories and other facilities without any initial payment in Japan and overseas to supply solar electricity to customers in the long term through it ...

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JinkoSolar Supplies 100MW for Large Scale Vietnam Project

JinkoSolar has supplied 100MW of its high efficiency PV modules for the Srepok 1 and Quang Minh Solar Power Plant Complex, which stands as one of Vietnam's largest solar power projects up to today. Located in Buon Don district in the Central Highlands province of Dak Lak, the PV installation began commercial operations in January 2019 after beginning construction back in October 2018. A total of US$95 milli ...

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$1BN Announced by ADB & ASEAN for Green Finance

The Asian Development Bank (ADB) along with Southeast Asian governments and major development financiers has launched the “ASEAN (Association of Southeast Asian Nations) Catalytic Green Finance Facility,” a new initiative that aims to mobilize more than $1 billion in green infrastructure investments across Southeast Asia. The initiative is expected to provide loans and technical assistance for sovereign gre ...

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ASEAN Launch $1 Billion For Green Infrastructure

The Association of Southeast Asian Nations, the Asian Development Bank (ADB) and major financiers on Thursday launched a facility to spur more than US$1 billion (31.78 billion baht) in green infrastructure investments across Southeast Asia. The facility offers loans and technical assistance for sovereign projects in areas such as sustainable transport and clean energy, the ADB said during the meetings of As ...

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ADB Invest $50m in Avaada Energy India

The Asian Development Bank (ADB) has agreed to invest USD 50 million (EUR 44m) in Avaada Energy Private Limited (AEPL) to aid the Indian renewables developer in expanding solar power generating capacity. ADB said in a statement that the current equity investment will help Avaada Energy to exceed 2 GW of capacity, having in mind that the company has already secured power purchase agreements (PPAs) for about ...

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AC Energy Closing in on $1 Billion Deal for Renewables

AYALA CORPORATION’S POWER ARM AC ENERGY IS LOOKING FORWARD TO CLOSE A FINANCIAL DEAL WORTH $1 BILLION FOR RENEWABLE POWER PROJECTS FOR THE NEXT 12-18 MONTHS. The planned project will have a capacity of around 800 MW and will be located in Australia, Vietnam, and Philippines. “In Australia, we are hoping to get financial close for the first half of our 700-MW solar project, so call it 350 MW. For Vietnam, I ...

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Eversource infuse 100 Million in Ayana

 Ayana Renewable Power Pvt Ltd will receive USD 330 million (EUR 290.4m) in funding from CDC Group plc and two new investors -- EverSource Capital and the National Investment and Infrastructure Fund of India (NIIF). The announcement came on Thursday and follows earlier reports in Indian media that EverSource Capital was to infuse about USD 100 million in Ayana. Founded by CDC, the UK's development fina ...

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Central Asia’s Largest Solar Plant Open in Karaganda

 “The head of state set us a task to bring the share of alternative energy up to 30 percent by 2030. Today, we have taken a big step towards achieving this goal. The solar power plant launched today has 100 megawatt power. To understand the power, this energy will be enough for 10 small cities. I’ll add that two more solar power stations with a total capacity of 90 megawatts are under construction in our re ...

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Google’s First Floating Solar Project

Google will build a floating solar farm above fishing ponds in Taiwan, in the company’s first foray into Asia’s renewable energy market. The company will work with Diode Ventures, Taiyen Green Energy, J&V Energy and New Green Power to build the 10MW facility. Floating solar farms have become popular in the Asia-Pacific regions because they can be built over water, negating the need for large tracts of c ...

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Malaysia Seeking More Solar Power

According to a recent report, the Malaysian state of Kedah recently announced that it is inviting investors to develop more green technology-based projects in the state, especially those relating to solar power. The state’s Chief Minister said this would not only create more jobs but also establish many new business opportunities in terms of the handling, maintenance and installation of solar panels at comm ...

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