Asia & Oceania

Australia has around 5,516MW of solar PV projects currently in financial commitment or under construction, with the majority of these based in Victoria (4 September).

Reliance Industries is on track to open solar and battery storage production facilities by the end of this year and next, respectively.

According to Bernreuter Research, Tongwei Solar, GCL Technology, Daqo New Energy, and Xinte Energy all posted net losses in H1 2024.

Trina Solar has published its results for the first half of 2024, which include module shipments of 34GW and total revenue of US$6.05 billion.

Both companies aim to build the 1,150MW solar PV portfolio in the Khavda region, which is located in the western Indian state of Gujarat.

The island nation of Fiji has issued a new tender seeking companies to express interest in building four ground-mounted solar PV power plants with a combined capacity of 31.93MW.

Plans for a 50GW hybrid solar PV and wind project in Western Australia have progressed with project developers Western Green Energy Hub (WGEH) and the Korea Electric Power Corporation (KEPCO) having signed a new collaboration agreement yesterday (2 September).

Despite India’s ambitious solar targets, challenges remain on policy, financing and grid infrastructure. Simon Yuen talks to experts in the solar industry to examine the challenges and opportunities in the Indian market.

In its 3Q 2024 Global PV Market Outlook, the commodity market research firm BNEF has revised its target for solar PV additions in 2024 to reach 592GW.

From 26 August to 1 September, Australia’s National Electricity Market (NEM) saw the highest rooftop and utility-scale solar PV contribution across the 2024 winter period.