Asia & Oceania

Swedish independent power producer (IPP) OX2 has acquired the Corop solar-plus-storage project in Victoria, Australia, adding a 230MWac solar PV power plant and up to 290MW/1,160MWh of battery energy storage to its Australian portfolio.

Vikram Solar has commissioned its new solar module manufacturing facility at Gangaikondan in the southern state of Tamil Nadu.

Australia's National Electricity Market (NEM) recorded a combined 2,413GWh of solar generation in June 2026, comprising 1,092GWh from utility-scale assets and 1,321GWh from rooftop systems.

Australian retailer AGL Energy will deliver a 9.2MWp solar-plus-storage microgrid for Koompartu Farms in South Australia’s Riverland.

The Asian Development Bank (ADB) has approved a US$160 million loan to support the deployment of at least 310MW of new solar capacity in Bhutan.

Researchers have developed a predictive framework for 2D perovskite design to enable more efficient, stable solar cells.

Australia's utility-scale solar PV and wind assets generated a combined 4.73TWh in June, an 11% YoY increase, according to Rystad Energy.

The LCOE for solar PV increased marginally in 2025, reaching US$44/MWh, up from US$43/MWh in the previous year.

State-owned coal producer Coal India Limited (CIL) has secured a contract worth INR28.3 billion (US$296 million) to develop a 600MW PV project at the Jalaun Solar Park in the northern state of Uttar Pradesh, India.

India's MNRE has urged the power regulator to retain separate 'Deviation Settlement Mechanism' rules for solar and wind projects to protect them against increased financial risks.