Asia & Oceania

UAE state-owned renewable energy developer Masdar has signed a memorandum of understanding (MoU) with Citaglobal Berhad to develop 2GW of solar, storage and wind projects in Malaysia.

Increased solar PV and wind generation contributed to lower wholesale electricity prices in Australia in Q2 2023, according to the Australian Energy Market Operator (AEMO).

Indian independent power producer (IPP) ReNew Power and Malaysian Gentari’s Indian subsidiary, Gentari Renewables India, have established a joint venture (JV) to target 5GW of new renewable energy capacity.

Japan will need to have 689GW of total installed capacity for solar and wind power generation by 2050 to reach the goal of net zero, according to a study conducted by BloombergNEF (BNEF).

Uncertainty surrounding ownership models of large-scale solar projects raises a question: are such facilities simply too big to succeed?

India installed 6,794MW of solar PV in H1 (January – June) 2023, a 19% decrease year-on-year from 2022 according to energy analyst JMK Research.

Indian state-owned utility SJVN will develop 1.2GW of solar PV projects to supply power to the Punjab State Power Corporation Limited.

The Australian government has announced AU$50 million (US$33.7 million) in investment to develop renewable energy supply chains – notably for solar and energy storage – in the Indo-Pacific.

ReNew will receive US$7.8 billion in funding from two Indian government departments to develop clean power projects in the country.

Trina Solar will continue the shift from producing p-type to n-type products, while it aims to base its manufacturing and operations purely on renewable energy by 2030.