Asia & Oceania

French oil and gas major TotalEnergies has signed a US$2.2 billion joint venture (JV) with the Emirati state-run renewable energy developer Masdar to jointly develop renewables across Asia.

Indian independent power producer (IPP) Inox Clean Energy has acquired the Macquarie-owned Vibrant Energy, which operates a 1,337MW commercial and industrial-focused renewables portfolio across India.

The world added 510GW of new solar PV capacity in 2025, the most of any electricity generation source, according to IRENA.

Toyo Solar shipped 4.5GW of cells in FY2025, surpassing its full-year target, while module shipments reached 249MW.

South Australia could see its peak load double from 3.3GW today to 6.5-7GW by 2040, driven by data centres, green steel and hydrogen demand.

Two Vietnamese renewable energy developers have formed a new entity dedicated to developing C&I solar PV and energy storage assets in Vietnam.

NTPC Renewable Energy has commenced commercial operations at two plants totalling 168.02MW in Khavda, Gujarat. 

Indian renewable energy major Adani Green Energy has operationalised 951MW of renewable energy capacity across projects in Rajasthan and Gujarat.

Indian solar manufacturer Premier Energies has commissioned a 5.6GW solar module manufacturing facility in Seetharampur, Telangana.

India has installed 9.56GW of rooftop solar capacity under the PM Surya Ghar Muft Bijli Yojana (PMSGMBY), according to government data presented in Parliament.