SimpliPhi Initiative Supports Clean Energy Projects in Haiti, Myanmar
An orphanage in Haiti and a Covid response center in Myanmar will receive energy storage systems through a SimpliPhi Power donation program that aims to provide clean energy to communities in need. The donations are through “IDEA: a campaign to Deliver Energy Access,” an initiative SimpliPhi Power started in January with several partners.
Singapore startup SolarHome raises $10m debt from crowdfunding platforms
Singapore-based solar energy startup SolarHome announced that it has raised $10 million in debt financing from a consortium of investors including Japan-based cross-border crowdfunding platform Crowdcredit and Sweden-based crowdfunding platform Trine, it said in a statement on Wednesday. The investment follows on the $4.2 million raised via convertible notes earlier this year from Trirec, Insitor […]
SMA to supply inverters to 50MW solar plant in Myanmar
SMA Solar Technology is to deliver equipment including inverters to a 50MW solar project in Minbu, Myanmar. The German firm will supply its Power Station 2000SC, a turnkey system solution equipped with two Sunny Central 1000SC-XT inverters and a medium voltage solution for the grid connection. The plant, 500km northwest from Yangon, will go into […]
Solar energy startup Cygni eyeing Myanmar, Bangladesh export markets
Solar energy startup Cygni, an Indian Institute of Technology, Madras incubatee company, is looking to break into the lucrative export markets in Myanmar and Bangladesh. The company, which manufactures solar power backup and DC (direct current) micro-grid solutions, apart from battery for electric vehicles at its Hyderabad plant, is planning to explore the offshore markets from […]
Solar energy startup SolarHome secures additional US$1M from Trirec
SolarHome, a solar energy startup that focusses on serving households in Myanmar, has announced that it has secured another US$1 million for equity from Trirec, an investment company that supports energy tech companies. Trirec is an existing investor in SolarHome, which makes this funding a follow-on financing that’s a part of SolarHome’s Series A round, […]
Solar mini-grid brings power to Yesagyo’s community
Parami Energy connected 1442 households to the newly-launched mini-grid mid-December with plans to expand the coverage to more than 4000 households Magway’s Yesagyo. The first phase of the solar mini-grid has a 288-kilowatt peak capacity and involves US$1.6 million of investment in total. The renewable off-grid system received 60 percent of capital cost funding from […]
Solar mini-grids to take off in Myanmar, support electrification ambitions
Solar mini-grids in Myanmar are expected to take off as the private sector sees solar energy as a potentially commercially viable solution in Myanmar’s journey towards full electrification. With a US$1.6 million mini-grid installed, more than a thousand households on the island of Yesagyo in Magway Region were connected to electricity for the first time […]
Solar power drawing private-sector interest after new PDP
Workers installing solar panels. Many companies are jumping into the solar market, as they expect both on-grid and off-grid solar power to take off. (Photo by Chanat Katanyu) Thailand’s solar power market is heating up as many listed companies plan massive investments in the sector. Distribution channels for solar panels are also expanding to serve local […]
Solar power shines in Myanmar
Myanmar’s launch of its first commercial solar plant last month is a step in the right direction for a country that has yet to provide more than half of its citizens with proper access to electricity. Constructed on over 836 acres of land, an area equivalent to almost 530 football fields, the Minbu Solar Power […]
Solar-powered plant in Magway starts its operation soon
The solar-powered plant being built in Magway Region will start producing 20 MW at the end of this month, said Myint Zaw, Magway Region Minister for Electricity and Energy. On March 20, 2016, an agreement was reached on the implementation of the 170-MW solar-powered plant in the time of the previous government. The project launched […]