The Asia Pacific (APAC) region is expected to invest US$3.3 trillion in power generation over the next decade, of which a quarter for solar alone, according to energy research company Wood Mackenzie.
Indian renewable energy firm Axis Energy Group has launched a joint venture (JV) with Brookfield India – the local arm of global investment firm and asset owner Brookfield – backed by an initial investment of US$845 million.
New South Wales has submitted an Environmental Impact Statement (EIS) for its Central-West Orana Renewable Energy Zone (REZ), making it the first REZ to reach the development “milestone”.