Asia & Oceania

Energy platform ACEN has planned to develop 1GW of floating solar PV (FPV) in Laguna, in the northern Philippines.

Stuti Gupta, Solar Lead at Prescinto, an AI-powered asset performance management platform for solar, wind and energy storage assets, and Prescinto Performance Excellence Head Abhishek Puttanna on the role of artificial intelligence in monitoring and optimising photovoltaic assets.

The New Zealand government and BlackRock have launched a NZ$2 billion (US$1.2 billion) fund to support renewable generation in the country.

A framework agreement has been signed between developer Vena Energy and key technology suppliers to a cross-border clean energy ‘hybrid megaproject’ in Indonesia.

Indian solar manufacturer Waaree will expand its ingot, wafer, cell and module production capacity by 6GW following a second round equity funding raise of around INR10 billion (US$121 million).

ReNew Power has acquired a number of solar panel cleaning machines from Airtouch, in a deal valued at around US$8.5 million.

New Zealand has submitted nine solar PV projects for fast-track approval since 2020, totalling 1,147MWp in power generation capacity.

AEMO Services has received bids for 3.1GW of power generation in the state of New South Wales, more than three times the target of 950MW.

As solar PV continues its accelerated growth, 2023 is expected to be no exception with 270GW of capacity to be added, according to Wood Mackenzie.

Prices of all upstream PV products such as silicon wafers and silicon ingots increased recently, but downstream module prices continued to decline and reached new lows.