Asia & Oceania

Australia’s Clean Energy Finance Corporation (CEFC) has announced it has invested a record AU$4.7 billion (US$3.09 billion) in large-scale renewables, energy storage, and transmission projects during the 12-month period ending 30 June 2025.

KKR has invested AU$500 million in Australia’s CleanPeak Energy to support the rollout of DERs such as rooftop solar PV and battery storage.

A round-up of news from the Indian solar sector this week, including Reliance Industries' cell plant, Juniper Green Energy powering solar PV and Solex Energy launching new modules.

At the SNEC expo, Carrie Xiao took the temperature of the industry as it seeks a way out of cutthroat competition and squeezed margins.

Prices of products across various segments of China's PV industry chain—polysilicon, wafers, cells, modules—have begun to rise recently.

According to a report from the International Renewable Energy Agency (IRENA), the global levelised cost of electricity (LCOE) for solar PV reached US$0.043/kWh in 2024.

Oil and gas major bp has confirmed it will exit the Australian Renewable Energy Hub (AREH), a 26GW wind, solar and green hydrogen project planned for Western Australia.

China has installed 14.36GW of solar PV in June 2025, down 85% from the previous month and also decreasing 38% from the same period in 2024.

Two major transmission infrastructure projects have progressed in Western Australia and New South Wales, in a win for renewables.

Australian solar PV module manufacturer Tindo Solar has partnered with UNSW to advance tunnel oxide passivated contact (TOPCon) technology.