Asia & Oceania

The Australian Renewable Energy Agency (ARENA) has committed AU$25.3 million (US$16.53 million) in funding to support PV cell technology startup SunDrive Solar's continued development of copper-based solar cell technology.

Indian independent power producer (IPP) ReNew Power has secured US$331 million from the Asian Development Bank (ADB) for its solar plant in the Southern state of Andhra Pradesh. 

The Australian Renewable Energy Agency (ARENA) will invest up to AU$45 million (US$29 million) in Fortescue's Solar Innovation Hub in the Pilbara region of Western Australia.

EnergyCo has shortlisted three consortia to build and operate the transmission network for the New England Renewable Energy Zone (REZ).

The Australian government has approved the 300MW Dunmore solar-plus-storage project near Toowoomba, Queensland, completing the environmental assessment process in just 19 days.

The increasing technical complexity of the renewable energy space has increased the demands on capital raising for those in the sector.

JA Solar has signed a module supply agreement with EPC contractor Larsen & Toubro (L&T) for two utility-scale projects in Uzbekistan. 

Saatvik Green Energy, through its subsidiary Saatvik Solar Industries, secured solar PV module orders worth INR2.99 billion (US$33.7 million). 

Apple has signed a power purchase agreement (PPA) with Danish developer European Energy for renewable electricity from the 108MW Lancaster solar park in Victoria, Australia.

Australian energy retailer Flow Power has secured an offtake agreement from the 400MW Stubbo Solar project in New South Wales to underpin the launch of its Flow Home residential energy service in the state.