Asia & Oceania

Evergrow has claimed the first tax credit transaction using transferability under the Inflation Reduction Act for a solar plant in Connecticut.

NLC India has won a tender to develop an 810MW solar photovoltaic project in the northern state of Rajasthan.

Many large solar PV projects cross over First Nations land, and the representative body the First Nations Clean Energy Network (FNCEN) says that “proper and meaningful engagement with First Nations will be essential for the success of the renewable energy sector.”

If Australia does not want to lose its international competitiveness as a renewables producer, the government will have to invest AU$100 billion (US$64 billion) in the next ten years, according to the sector's trade body the Clean Energy Council.

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.

Japanese corporation Sojitz and compatriot energy company Eneos has started operations at their 204MW Edenvale Solar park in Queensland.

Australian renewables developer Edify Energy has secured federal approval on a 600MW solar PV plant in Central Queensland, Australia.

Masdar subsidiary MW Energy plans to develop 500MW of renewable projects in Tajikistan, which will include solar projects.

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”.