Asia & Oceania

PV inverter producers are adapting their manufacturing strategies to changing policy and regulatory conditions in key solar markets, writes PV Tech Research analyst Mollie McCorkindale.

Solex Energy has signed an MoU with the Government of Gujarat to establish a 5GW solar cell manufacturing facility alongside a 10GW energy storage plant in the state.  

Australia's utility-scale solar PV and wind assets generated a combined 4.7TWh in April 2026, up 24% from 3.8TWh in the same month last year, according to data from Rystad Energy.

April 2026 delivered a continuation of Australia's seasonal solar contraction as the NEM moved deeper into autumn.

TPREL has proposed investment of up to INR65 billion (US$685 million) to establish a 10GW solar PV ingot and wafer manufacturing plant. 

Australia's surging solar adoption has driven battery energy storage systems (BESS) in the National Electricity Market (NEM) to more than triple their daytime-to-evening energy shifting in the first quarter of 2026, according to AEMO's latest Quarterly Energy Dynamics report.

TotalEnergies and Nextnorth have reached financial close on, and started construction at, a 440MW solar PV project in the Philippines.

Leading solar PV manufacturer JinkoSolar's module shipments have continued to decline in the first quarter of 2026, with 13.7GW.

Daqo New Energy's Q1 2026 results include a dramatic 88.3% quarter-on-quarter decline in polysilicon sales.

The Bangladesh Power Development Board (BPDB) has launched a tender for 495MW of new solar PV capacity, to be deployed across ten projects.