Asia & Oceania

India’s residential rooftop solar capacity is set to increase 60% by the end of fiscal year 2023, according to a report by the IEEFA and JMK Research.

Renewable Energy Target auction held in Victoria, Australia, won by six solar PV projects, four of which include battery storage.

Waaree Energies has raised US$120 million from investors to expand its module and cell production capacity in India.

The rise in solar and wind generation met over three-quarters of the global electricity demand growth in the first half of 2022, according to a report from think tank Ember.

FTC Solar said it has been selected to supply its 2P Voyager+ solar tracker technology for the “largest” DC-coupled solar-plus-storage plant in Australia.

NovaSource Power Services has acquired First Solar’s Australian operations and maintenance (O&M) business, adding approximately 500MW of PV projects to its fleet in the process.

The government of India has released guidelines on the second round of its Production Linked Incentive (PLI) scheme designed to develop greater domestic PV production and slash the country’s reliance on imports.

The Australian state of New South Wales (NSW) has opened its first tender for renewable energy and long duration storage.

Australia’s Renewable Energy Agency (ARENA) has launched a AUS$43 million (US$27.7 million) Industrial Energy Transformation Studies Program aimed at identifying opportunities to reduce energy costs and emissions in the country’s industrial sector.

EDPR Sunseap has signed a MOU with Korea East-West Power to jointly develop renewable projects in South Korea and across the APAC region.