Asia & Oceania

Donald Trump has announced a 25% tariff on all imports entering the US from India from the 1st August 2025.

The Government of Kyrgyzstan has signed two investment deals with Vietnamese firms Rox Energy Global and RECA LLC for the development of a 1.9GW solar project.

China's PV industry faced significant challenges, with production across the manufacturing chain growing at a slow pace, according to CPIA.

French energy major TotalEnergies has begun the construction of its 1GW solar farm in the Basra region of southern Iraq. 

Australia’s Clean Energy Finance Corporation (CEFC) has announced it has invested a record AU$4.7 billion (US$3.09 billion) in large-scale renewables, energy storage, and transmission projects during the 12-month period ending 30 June 2025.

KKR has invested AU$500 million in Australia’s CleanPeak Energy to support the rollout of DERs such as rooftop solar PV and battery storage.

A round-up of news from the Indian solar sector this week, including Reliance Industries' cell plant, Juniper Green Energy powering solar PV and Solex Energy launching new modules.

At the SNEC expo, Carrie Xiao took the temperature of the industry as it seeks a way out of cutthroat competition and squeezed margins.

Prices of products across various segments of China's PV industry chain—polysilicon, wafers, cells, modules—have begun to rise recently.

According to a report from the International Renewable Energy Agency (IRENA), the global levelised cost of electricity (LCOE) for solar PV reached US$0.043/kWh in 2024.