Asia & Oceania

Masdar has signed an agreement with Emirates Water and Electricity Company (EWEC) to accelerate the deployment of more than 30GW of solar PV capacity and over 8GW of battery storage in the UAE. 

Global corporate solar financing reached US$11.1 billion across 53 deals in the first quarter of 2026, according to Mercom.

PV inverter producers are adapting their manufacturing strategies to navigate changing policy and regulations, according to PV Tech Research.

PV inverter producers are adapting their manufacturing strategies to changing policy and regulatory conditions in key solar markets, writes PV Tech Research analyst Mollie McCorkindale.

Solex Energy has signed an MoU with the Government of Gujarat to establish a 5GW solar cell manufacturing facility alongside a 10GW energy storage plant in the state.  

Australia's utility-scale solar PV and wind assets generated a combined 4.7TWh in April 2026, up 24% from 3.8TWh in the same month last year, according to data from Rystad Energy.

April 2026 delivered a continuation of Australia's seasonal solar contraction as the NEM moved deeper into autumn.

TPREL has proposed investment of up to INR65 billion (US$685 million) to establish a 10GW solar PV ingot and wafer manufacturing plant. 

Australia's surging solar adoption has driven battery energy storage systems (BESS) in the National Electricity Market (NEM) to more than triple their daytime-to-evening energy shifting in the first quarter of 2026, according to AEMO's latest Quarterly Energy Dynamics report.

TotalEnergies and Nextnorth have reached financial close on, and started construction at, a 440MW solar PV project in the Philippines.