Asia & Oceania

Solex will 'explore' the development of a 2GW solar cell production facility with the capacity to ramp up to 5GW.

This is the third R&D facility that Nextracker has in operations, with one in Northern California, US and another one in Sao Paulo, Brazil.

The Australian government revealed yesterday (30 September) additional funding for Queensland’s Local Renewable Energy Zones (LREZ), which will increase each zone's solar PV capacity to 16.2MW.

Investment manager Patrizia and Mitsui & Co have entered the Philippine solar PV market with binding agreements to acquire an interest in BEI, a rooftop solar PV developer.

In Western Australia’s Gascoyne region, Exmouth will run on 80% solar PV-derived renewable energy via a 20-year power purchase agreement (PPA) between Pacific Energy and Horizon Power, the state’s energy provider.

Solar manufacturer SEG Solar has started construction on a 5GW TOPCon vertically integrated – from ingots to modules – solar PV plant in Indonesia.

Graphene manufacturer First Graphene revealed a supply agreement yesterday (27 September) with Australian perovskite (PV) solar cell manufacturer Halocell Energy to provide a new coating product for the PV cells.

Meridian Energy, a New Zealand state-owned energy company, has been granted consent to develop a 120MW solar PV project in Tai Tokerau Northland.

The global target to treble renewable energy capacity to 11TW by 2030 is off track, according to a report from BloombergNEF (BNEF).

The global weighted average LCOE of utility-scale PV plants fell to US$0.044/kWh in 2023, a 12% year-on-year decline from 2022.