Vietnam’s TTC Group plans up to 1GW of solar parks – reports

Ho Chi Minh City-based conglomerate TTC Group plans to spend up to US$1 billion on 10 to 20 solar parks with a combined capacity of around 1GW, according to Bloomberg.

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Zambia’s IDC prequalifies 12 bidders for 300MW solar auction

A total of 12 bidders have been prequalified following the Request for Qualifications (RFQ) for Zambia’s second round of Scaling Solar tenders for up to 300MW of PV projects.

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Vietnam solar PPA is ‘non-bankable’

A consortium of international chambers of commerce has advised the Vietnamese government that its draft solar PPA template is “non-bankable” and cannot attract financing for PV in Vietnam, particularly for medium and utility-scale projects, according to documents seen by PV Tech.

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ABB and Phoenix Solar partner on floating solar in Singapore

Swedish-Swiss technology leader ABB is partnering with the Singaporean subsidiary of Phoenix Solar for a 1MW floating solar project in west Singapore.

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Vietnam province to build 30MW solar PV plant

Vietnam is set to build a brand new 30MW solar PV plant in the north-central province of Thanh Hoa.

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Trump effect leaves US trailing China and India in world renewables investment rankings

China and India have surpassed the United States as the most attractive countries for investment in renewable energy projects following a marked shift in policy by President Trump, according to global consultancy EY.

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Sunseap receives US$10.7 million UOB funding for commercial solar in Singapore

Leading South East Asian renewable energy firm Sunseap has received US$10.7 million (SGD$15 million) from the United Overseas Bank (UOB) for commercial solar projects in Singapore.

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Vietnam’s draft solar PPA template leaves key issues ‘unresolved’

The Ministry of Industry and Trade of Vietnam (MOIT) has released a draft circular containing guidelines on how to develop solar PV in the country, but has failed to address a range of issues that could impact large-scale project bankability, according to analysis from multinational law firm Baker McKenzie.

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IFC to invest US$60 million in Jinko Malaysia as company upgrades to PERC cell technology

The International Finance Corporation (IFC) was said to have announced that it will invest up to US$60 million in Malaysian PV company Jinko Malaysia, according to Deal Street Asia.

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ADB backs Cambodia’s first ever large-scale solar farm

The Asian Development Bank (ADB) is providing financial assistance for the construction of Cambodia’s first large-scale solar power project.

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The Philippines clears 162MW of PV and 30MW storage for grid impact studies

The Department of Energy (DoE) of the Philippines has progressed solar projects with a combined total of 162MW of capacity, along with a 30MW battery energy storage project to grid impact testing (GIS) stages, according to consulting firm Enerdata.

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