Asia & Oceania

The fundamentals of the global solar PV market will remain strong in 2026 despite the challenges the sector faced in 2025, according to new analysis from Wood Mackenzie.

Indian rooftop solar provider Fujiyama Power has announced plans to commission its 1GW solar cell manufacturing plant in Dadri, Uttar Pradesh.

PV developer Solar Philippines has issued a statement denying liability to pay PHP24 billion (US$400 million) in penalties from the Philippines’ Department of Energy (DoE).

Research by 3E and Statkraft has used a new performance measure for solar trackers to uncover “alarming” evidence of a gap between claimed and actual performance.

Green Gold Energy’s Morgan Solar Farm in South Australia has reached a key grid-connection milestone, having received its Section 5.3.4 letter under the National Electricity Rules (NER). 

Total corporate funding in the solar PV industry reached US$22.2 billion in 2025, a 16% year-on-year decrease.

LONGi Green, Tongwei, JA Solar, TCL Zhonghuan and Aiko Solar are projecting a combined 2025 deficit of RMB28.9-32.8 billion (US$4.1-4.7 billion).

Bellevue Gold has claimed to have set a new benchmark for off-grid renewable energy performance at one of its gold mines.

INDIA ROUND-UP: Hartek Power, Waaree Energies, Kosol Energie and IREDA secured major solar and renewable energy deals, including EPC contracts, multi-gigawatt module orders, multi-billion-dollar investments, and international project financing.

CleanPeak Energy has completed the acquisition of five solar and battery energy storage system (BESS) development sites in New South Wales from Fortitude Renewables, adding 25MW of solar capacity and 100MWh of battery storage to its portfolio.