Malaysia’s 460MW solar auction heavily over-subscribed

The opening bids in Malaysia’s 460MW large-scale solar auction have shown significant over-subscription with roughly 1,632MW of submissions.

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ADB raises US$1.25 billion in global Green Bonds for climate mitigation projects

The Asian Development Bank (ADB) has raised US$1.25 billion to help finance climate change mitigation and adaptation projects by issuing dual-tranche five-year (US$750 million) and 10-year green bonds (US$500 million).

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Conergy Asia sold to Goldman Sachs/Tennenbaum

Downstream solar firm Conergy Asia has been acquired by two private equity funds, Tennenbaum Capital Partners (TCP) and Goldman Sachs BDC (GSBD).

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Singapore solar deployment quadruples to 130MW in two years

Singapore ended Q1 2017 with 129.8MW of installed solar PV, four times more than the 33.1MW it had at the end of 2014, according to the annual energy report from Singapore’s Energy Market Authority (EMA).

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Sunseap gets investment from Shell for Asia Pacific solar

Oil major Shell has invested in Singapore-based solar developer Sunseap.

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BayWa r.e. wins 5MW project in Malaysia solar auction first round

BayWa r.e. has won a 5MW solar PV project in the first round of Malaysia’s largest ever solar auction.

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Phoenix Solar enters JV for 39.5MW project in Australia

Phoenix Solar will design and procure a 39.5MW project near Perth, West Australia, as part of a new joint venture and a renewed push in the Asia-Pacific region.

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Strong investor interest in Equis Energy’s renewable energy portfolio

Equis clarified that it is restructuring its entire portfolio, with assets in single countries not up for grabs separately.

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ADB invests US$57.7 million in B. Grimm for renewables in Southeast Asia

The Asian Development Bank (ADB) has invested THB1,968 million (US$57.7 million) in Thai power firm B. Grimm Power Public Company (B. Grimm) to develop renewable energy projects in Southeast Asia.

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Masdar formalises cooperation in Indonesia as talk of floating solar grows

The UAE’s Masdar group has formalised its cooperation with Indonesia with the signing of a memorandum of understanding (MoU) with Indonesian state power firm PT PJB.

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BCG partners Unisun and Coara for 40MW solar project in Vietnam

Vietnam-based infrastructure investment firm Bamboo Capital (BCG) has signed a cooperation agreement with China-based firm Unisun Energy Group and German company Coara Solar to work on a 40MW solar project in Thanh Hoa district, Long An Province, Vietnam.

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