Sunseap Group Pte Ltd has secured a total of $50 million from ABC World Asia, an Asia-focused impact investing private equity fund, and Temasek, a global investment company headquartered in Singapore. Sunseap’s President and Executive Director Mr Lawrence Wu said:”Sunseap was founded on the idea that we could provide attractive clean energy solutions to businesses and individuals on a commercially viable ba ...

Vietnam Electricity (EVN) has agreed to keep the current feed-in tariff of 9.35 US cents per kWh for rooftop solar power until next year as recommended by the Ministry of Industry and Trade. The ministry had said it was essential to maintain this tariff until 2021 to encourage the development of rooftop solar. The ministry has also asked EVN to be responsible for connecting rooftop solar power systems to th ...

UAE based Masdar has signed a power purchase agreement (PPA) with Perusahaan Listrik Negara (PLN), the state electricity company in Indonesia, for the first floating solar photovoltaic (PV) plant in the country. The 145 MW PV plant, which will also be Masdar’s first floating solar PV project, will be built on a 225-hectare plot of the 6200-hectare Cirata Reservoir, in the West Java region. Masdar is develop ...

The private financiers at New York and other global hubs are increasingly investing in solar projects but overall funding volumes have not returned to 2014 and 2015 highs, according to Mercom (Image credit: Sam Valadi / Flickr) Solar finance has entered a new decade riding a wave of corporate attention and upbeat stats but must pick up the pace in the coming years if the world is to avoid destructive global ...

After the Government Office's notification No. 402/TB-VPCP dated 22 November 2019 on solar power FiT2 and auction scheme, the MOIT has coordinated and consulted with EVN, MOF and MOJ to finalize its draft solar power FIT2. On 31 December 2019, a final draft submission letter from MOIT (with signature but no stamp) (NB: no draft FiT2 PM Decision attached also) for FiT2 PM Decision has been internally circula ...

One hour west of Cambodia’s capital an array of iridescent panels stretches between palm trees, glistening through dust clouds from a neighbouring highway. A year ago it was a barren expanse of chalky soil. Now it’s Cambodia’s largest solar farm. The joint Cambodian-Chinese project, which came online in August, is only Cambodia’s second utility-scale solar project. But the government has approved more than ...

 In September, while speaking at the United Nations Climate Action Summit in New York, Prime Minister Narendra Modi committed to setting up 450 gigawatts (GW) of non-fossil fuel power by 2022. With this, he more than doubled the initial target of 175GW of green energy that his own government had set in 2018. “We must accept that if we have to overcome a serious challenge like climate change, then what we ar ...

BSES Rajdhani Power Limited (BRPL) has partnered with Power Ledger, a blockchain-based renewable energy trader, and launched trials for a peer-to-peer (P2P) energy trading platform. The platform will allow residents with rooftop solar installations to sell excess energy to their neighbors instead of letting it flow back to the power grid. The idea is to enable participants easier and cheaper access to renew ...

SINGAPORE – Southeast Asia is accelerating plans to harness energy from the sun in coming years as the cost of generating electricity from some solar power projects has become more affordable than gas-fired plants, officials and analysts said. The region, where power demand is expected to double by 2040, is striving to expand the share of renewable sources as developing nations seek affordable electricity w ...

The three largest manufacturers of polysilicon in the United States stressed today that Chinese tariffs imposed on U.S.-made polysilicon over the past five years have put the industry at risk, making the U.S. effectively reliant on China for this critical material. During a meeting with the U.S. House Manufacturing Caucus at the Cannon House Office Building, leaders from Hemlock Semiconductor Operations (HS ...