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China Smashes Solar Goals 3 Years Ahead of Target!

Renewable energy groups are urging Europe to follow China’s example as Beijing more than doubles its solar power target for 2020 three years early. Figures released by the Asia Europe Clean Energy (Solar) Advisory (AECEA) solar industry firm indicate that China has far surpassed it goal of 105 gigawatts by the year 2020 due to its expanded solar capacity. This makes China a world leader in solar power. Air ...

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Australia’s Solar Export to Indonesia

An ambitious energy export plan could see solar power generated in Western Australia's north-west piped to Indonesia. A report commissioned by the Pilbara Development Commission and authored by Australian and Indonesian researchers looked into the potential to export electricity generated by photovoltaic (PV) solar in the Pilbara to Asia. The study found it was feasible to deliver energy generated from a Pi ...

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Sri Lanka Can Meet Energy Demand With Renewables

Sri Lanka would be able to meet its current and future electricity demand by use of renewable energy by 2050, according to a joint study by the UN Development Programme and Asian Development Bank. The report, titled Assessment of Sri Lanka’s Power Sector—100 percent Electricity Generation through Renewable Energy by 2050, noted that by then Sri Lanka’s installed electricity generation capacity needs would i ...

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Trina Solar Commence Operations in Dubai Sustainable City

Trina Solar's PV modules have commenced operations in the 10MW Sustainable City in Dubai, an innovative project that serves as living proof that developing a community where energy needs are to be met entirely through clean energy sources is possible. With several facilities, including 500 residential villas, 170-room hotel, mosque, school, swimming pool and an equestrian club and track, the proposed reside ...

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Tennenbaum & Goldman Purchase Conergy

U.S. private equity funds Tennenbaum Capital Partners LLC (TCP) and Goldman Sachs BDC (GSBD) have bought solar energy company Conergy Asia & ME Pte Ltd and its subsidiaries, Conergy said on Wednesday. Kawa Solar Holdings sold Conergy to the funds for an undisclosed sum in a transaction that closed on Tuesday, Singapore-headquartered Conergy said in a statement. "TCP's and GSBD's extensive experience and ...

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China’s Solar Panda

In a display of China's commitment to ramping up renewable energy resources, the country just finished a 250-acre solar farm in the shape of a panda. The effort is partially a PR campaign as China continues to lead the world in renewable energy investment. The first phase of the solar power plant was recently completed, adding 50MW (of the total 100MW) to the electricity grid in Datong, China. The panda sha ...

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Greenko Launch Asia’s Largest Green Bond

Greenko Energy Holdings, the India-based renewable energy developers which acquired the solar power portfolio of SunEdison India, will soon launch a green bond — Asia’s largest to date. Greenko Energy Holdings will soon launch a green bond to raise $1 billion, and the bond issue will be the largest in Asia targeted towards clean energy. Funds raised from the issue will serve multiple purposes for Greenko. A ...

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Rooftop Solar Project Myanmar

Sunlabob Renewable Energy, a Lao venture-backed company that provides sustainable renewable solutions to underserved regions for electricity, has completed and commissioned a 92.6 kWp solar installation on the rooftop of Anita Asia, an Austrian garment factory.   A total of 356 solar panels mounted on the factory’s rooftop are capable of producing over 122,000 kilowatt-hours (kWh) of clean electricity on an ...

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Is Malaysia the World Leader in PV Modules?

Malaysia is a world leader when it comes to solar power, said Science, Technology and Innovation Minister Datuk Seri Wilfred Madius Tangau. "Malaysia is the second largest manufacturer of photovoltaic modules and the third largest producer of photovoltaic cells in the world," said Tangau in his speech at the Astana Expo 2017 here on Monday. He added that four of the world's top five photovoltaic cell manufa ...

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TTC Invests $1 Billion in 1GW Solar Vietnam

Vietnamese conglomerate TTC Group is now seeking investors for 10 to 20 projects, with plans to connect them to the grid by next year. The Ho Chi Minh City-based industrial group is willing to provide up to 30% of the necessary investment, according to Bloomberg and local media outlets. It said recently introduced policies to support PV development have finally brought development costs to a level that can ...

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