Asia & Oceania

PV Lighthouse has secured AU$1.97 million from ARENA to aid the development of its digital twin software for utility-scale solar PV projects.

Pertamina NRE has signed a memorandum of understanding with state-owned energy company Coal Power Generation Company Bangladesh Limited to build the PV project.

Recent PV pricing volatility has prompted Platts, part of S&P Global Commodities, to launch a new module spot market tracker for the US, Asia and Europe.

“We believe this policy will unlock opportunities for renewables as it increases electricity supply avenues."

The financing will be offered to two banks, as they will provide loans to developers and end-users to install rooftop solar systems.

On Wednesday (17 July), the Tasmanian government in Australia removed a ‘speed limit’ measure that has prevented state-owned utility Hydro Tasmania from developing large-scale renewable energy projects, such as solar, without a "cumbersome" Parliamentary process.

Winning bids as low as INR3.41/kWh have been registered in a tender for solar PV paired with battery storage hosted by the SECI.

Enel Green Power Australia has acquired a 1GW solar-plus-storage project in the Central-West Orana REZ in New South Wales from RES Group.

Total global corporate funding for solar on the other hand is down year-on-year, according to Mercom Capital Group.

Suntech's chairman Wu Fei on why his company has the right attributes to weather the latest PV industry reshuffle.