ADB and ACEN Sign PHP 5.5 Billion Loan for Solar Energy Expansion in the Philippines
The Asian Development Bank (ADB) and ACEN Corporation have signed a sustainability-linked loan of up to PHP 5.5 billion (USD 100 million) to boost solar energy capacity in the Philippines and support the country’s energy transition goals. The proceeds will fund ACEN’s...
Battery Maker Svolt Energy Inaugurates Production Line in Thailand
Battery maker Svolt Energy just inaugurated its first battery pack production line at its Thailand plant. The pack is Svolt Energy’s LCTP battery pack with a capacity of 60 kWh, providing a CLTC range of up to 500 kilometres. The pack is based on lithium iron...
Canadian Solar Commences PV Wafer Production in Thailand
Canadian Solar, headquartered in Guelph, Ontario, recently announced that it is establishing a 5 GW solar photovoltaic (PV) wafer production facility in Chonburi, Thailand. The company is building an advanced solar photovoltaic N-type wafer manufacturing plant with an...