Asia & Oceania

Canadian asset owner Brookfield has acquired a majority stake in Indian clean power company Leap Green Energy in a US$200 million equity investment.

China started conducting a trade and investment barrier investigation on the measures used in the EU’s Foreign Subsidies Regulation (FAR).

IRENA has found that the world’s renewable power capacity will need to increase by 16.4%, year-on-year, to meet the world’s climate targets.

China is building two-thirds of new solar and wind projects globally as it is building 180GW of utility-scale of solar generation capacity.

The Pomerantz Law Firm has brought a class action lawsuit against Singapore-headquartered solar manufacturer Maxeon Solar Technologies concerning whether “Maxeon and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.”

Solar developer Green Gold Energy revealed on Thursday (11 July) that it has received development approval to construct a 108MW solar farm in South Australia.

Spanish inverter manufacturer Ingeteam has signed a supply agreement for Enel Green Power Australia’s 93MW Girgarre solar farm.

Lincoln University revealed plans on Wednesday (10 July) to develop New Zealand’s first ‘high-value’ agrivoltaic (agriPV) solar farm.

Huawei Digital Power has showcased its all-scenario smart PV+ESS solutions, also launching its latest smart renewable energy generator and new smart string grid-forming ESS platform.

Three Chinese solar manufacturers - LONGi, Tongwei, and Aiko Solar - have reported losses in the first half of the year due to increased competition.