Asia & Oceania

China is on track to install a record 230GW of new solar and wind capacity this year, according to a report from Wood Mackenzie.

Chinese solar manufacturer GCL System Integration (GCL SI) has received approval from the Shenzhen Stock Exchange Listing Review Center to raise up to RMB4.8 billion (US$673 million).

The Australian government’s start of competitive Contracts for Difference (CfD) tenders for dispatchable renewable energy capacity backed with energy storage is an unprecedented step for national energy policy.

Indian power company AmpIn Energy Transition has invested INR31 billion (US$371.7 million) to build renewables projects of more than 600MW and a solar cell and module manufacturing plant.

A total of about 8.5GW of solar capacity was added in the first three quarters of 2023 in India, down by 25% year-on-year.

TransAlta and BHP have started commercial operations at a solar-plus-storage facility in Western Australia.

Extremely high population density and the necessity to use land for agriculture are the reasons for building FPV in Southeast Asian countries.

The Australian government will underwrite 32GW of renewable energy generation and energy storage to stimulate clean energy investment.

China’s total installed PV capacity reached 540GW at the end of October, according to figures released by the country’s National Energy Administration.

India’s residential rooftop solar potential could reach 32GW, representing huge potential growth as the installed capacity is only 2.7GW now.